Don’t start a company if the product isn’t indispensable.
-
Facebook genesis stories are few and far between and honestly toxic to the world of entrepreneurship. Most successful companies like you mentioned explore, build and iterate till they find PMF.
Toxic is a bit strong but I agree. Everyone wants to have a billion dollar idea before starting or in month 1 or sometjing. And it's just not possible. The assumed need for venture capital, I'd argue, is similarly unhelpful to startups. Most of the time you can by without.
-
-
We all do. I feel like toxic is the right word here. Genesis stories like facebook are extremely rare, but get all the publicity. This pushes people away from entrepreneurship and also creates a false narrative for what it's like to actually be like 99.9999% of entrepreneurs.
-
VC money is meant for venture worthy ideas (massive market creation/disruption). If you're not describing how you're building the next unicorn, then your shit of out of luck on finding someone who wants to invest, thus you have to bootstrap to start smaller ideas.
- 3 more replies
New conversation -
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.