Do ur friends get that exit with no investors? (I.e like ur parents did)?
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After investors yes
End of conversation
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We're just temporarily embarrassed Bezosaires
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I guess the difference is with 2 million you can buy a studio in SF and in Panguitch you can buy the whole county!
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I was recently told that our startup. growing at 100% YOY, wasn't high growth enough for a specific VC. Frustrating but motivating to continue down our bootstrap route to success.
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“People” think the earth is flat.
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Agree with your readers that bootstrapping is WAY different than VC but not necessarily a bad gig. Also agree that when the only goal is the cash outcome, the whole process too quickly becomes “burdensome.” The real fun is building something of value that didn’t exist before.
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Something to do with jealousy?
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Well there's inflation, and that smart/productive engineers could earn $1m each at Google in 4 years with a lot less risk
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Those two don't conflict. Companies grow much more quickly now then they used to. Though your larger point, the need for perspective, is taken.
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It's a dangerous mindset in the valley. Boom or bust, and nothing allowed in between which frankly leads to some very unhealthy thinking — which for some sends them bordering on suicide.
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Inflation?
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