spencefu

5 ms·

1. 1.▲
   by spencefu 2y ago

   As always, there's an xkcd for that: https://xkcd.com/2838/
2. 2.▲
   by spencefu 10y ago

   The skew is the point though. Startup valuations are supposed to work such that a small number of successes make up for a large number of failures. The press loves to harp on the individual cases, but all that matters for valuation is expe
3. 3.▲
   by spencefu 11y ago

   It's not a request for evidence. If it were, there would indeed be no leg to stand on. It's a request to do work. It is a legal compulsion to build something against their will.