Conversation

Notices

1. Embed this notice
   Jessica Lam 👩🏻‍💻👩🏻‍🎨 (kangaroo5383@mastodon.social)'s status on Monday, 24-Jul-2023 15:30:34 JST Jessica Lam 👩🏻‍💻👩🏻‍🎨

   Having been in the startup scene and witness to a lot of unfortunate things… it’s “fascinating” to see how some people are hailed as “geniuses” tbh…

   SV be like - get enough clout and be a white dude and ppl will think you’re god 👀

   https://news.ycombinator.com/item?id=35750561

   • Embed this notice
     Aral Balkan (aral@mastodon.ar.al)'s status on Monday, 24-Jul-2023 15:30:33 JST Aral Balkan

     in reply to

     • Sören

     @chucker @kangaroo5383 And yet that’s exactly what a startup is and has always been. It’s not just any new business, it’s a temporary venture-capital funded corporation that’s designed to either scale exponentially or fail fast. The exit is inevitable (if the startup is “successful”) as that’s what you sell to VCs to get your investment.

     I’ve spoken and written about this many times. Here’s one from when I left a Twitter: https://ar.al/2021/05/10/hell-site/

   • Embed this notice
     Sören (chucker@norden.social)'s status on Monday, 24-Jul-2023 15:30:34 JST Sören

     in reply to

     @kangaroo5383 “Safest way to start an enterprise SaaS startup is to have a buyer lined up before it’s founded.”

     I wish we’d call whatever that is a “startup”. A startup is a company that’s just getting started, not one designed from the get-go to be someone’s exit strategy.