The #1 fallacy of the VC worldview is that you have to choose between "going all in" or "being a small company forever" 1/
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@carllerche@ericf right, and they didn't have to make that choice up front. Follow along to ;) -
@wycats@carllerche the tl;dr of your argument is: companies can pivot. But did AirBnB actually change its core mission? -
@ericf@carllerche no, the argument is that going from slow-grow to fast-grow is not actually a pivot. -
@ericf@carllerche you can grow slowly until you cracked important nuts and then throw gas on the fire. The Pixar strategy. -
@wycats@carllerche Pixar and AirBnB were both sustained through continued outside investments, not re-investment of profits. -
@wycats I want your argument to be true (not trolling), but looking for some solid examples sans pivot. /cc@carllerche -
@ericf@carllerche there's lots and lots of examples, but slammed all day. - 6 more replies
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@wycats@carllerche maybe. Were they ever not “investable” though?Thanks. Twitter will use this to make your timeline better. UndoUndo
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