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One of the main reasons there are many startup founders who dont really care about being entrepreneurs (making money or closing value/profit loop as Daniel says
by sauliuz 13y ago
One of the main reasons there are many startup founders who dont really care about being entrepreneurs (making money or closing value/profit loop as Daniel says) is a great desire by VC community to profit on the tech startup boom.
Look at the majority of new startup accelerators out there and the message they are transmiting.. The fact is that all these groups are funded by clever investor money to play the numbers game. Simple as that. And in this numbers game majority of scalable startup founders are being left hanging in the air. This creates virtual reality of some sort..
Check out this interview with Steve Blank, he wraps it up nicely http://www.youtube.com/watch?v=TYCE3980kPA http://www.youtube.com/watch?v=TYCE3980kPA
- swombat 13y agoAbsolutely. I respect the VCs and angels for playing this game successfully, and startup founders really should know better than to play this without any idea of the alternatives. My issue is that many founders think this is the only way to do business.