The goal of startups is to be bought out by big tech.
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Many startups are side projects of people from big tech, whose livelihoods are not dependent upon success, leading to a skin in the game problem.
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A lack of accountability leads to a lack of a unifying narrative.
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A disjointed narrative forms around the self-serving interests of middle managers.
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High turnover leads to a justified individual selfishness.
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A cutthroat environment exacerbates the employee turnover problem.
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Startups invent new positions to give jobs to the friends of executives ready to cash in on securing VC funding.
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What % of startups are funded by reputable VC’s?
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