It’s called a f&cking telephonehttps://twitter.com/paulg/status/1238820304815820801 …
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Good invention ≠ good busisness model Perhaps VCs can’t tell the differencehttps://www.inc.com/john-mcdermott/report-3-out-of-4-venture-backed-start-ups-fail.html …
Risk and return are correlated. VCs invest in risky startups in order to get high returns. By definition many risky startups fail.
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The fact they are mostly called ventures says it all.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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Agree, but that is orthogonal to this controversy I'm arguing that "product to coordinate with family during global crisis" falls into "small, rare problem" territory - as defined by
@destraynor As a result, consumers will opt to adapt existing solutions vs buy something newpic.twitter.com/vmViG3RlvI
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If you want to learn more about how to build a viable business, I suggest reviewing this content put out by
@ycombinatorhttps://www.youtube.com/watch?v=P6pQyB6ACrk … - Show replies
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