I loathe reading stuff like this. Money is so important until you have it, and then it becomes fashionable to talk how there are more important things.
To any SAAS founders who feel strongly that there are more important things than money, feel free to give away your fortunes to feed the hungry if you’re in search of a higher calling. There are many who would appreciate it.
YEP. It's funny how it's always the multi-millionaires that talk about the importance of God, giving back, being honest. And "the rest will come naturally". It's absolutely sinister gate-keeping.
Of course it is! Show me a successful business that doesn’t give genuine value to their target audience.
The target audience may not be who you think it is, but you had best believe that someone is getting value or else the business would fail.
I suppose you have to at least temporarily appear to be providing value, before your casino leaves your customer bankrupt.
Things are remarkably binary in capitalism. Try pitching a VC on a startup concept that’s about more than money and see how far it gets you.
Or hit up just a few of hundreds of thousands laid off in the industry over the last year and ask them how important money is to them.
People who talk about wishing they hadn’t focused so much on the money are the ones who have it. Such tone-deaf takes are only possible once you’ve secured yourself against the system. The rest of us dream to one day be in a place to say such stupid things.
I'm curious, have you written a pitch to a VC? I've been involved in ours, and it's very much not about the money. It's about the idea, the people, and telling a story. Look at the top VC investments in the last few years. They're all AI. Before that was crypto, and before that was ML.
> People who talk about wishing they hadn’t focused so much on the money are the ones who have it.
You're missing OPs point, and I'm pretty sure you're doing it on purpose. Go back and read it again and reply to what he said, not what you're claiming he said
Sustainability. Renewals. Finding more novel and safer ways to do something risky. There’s a lot more that goes into decisions than money. Faith in leadership is another.
There is an area between being unemployed and making huge money with scams and shady tactics where you can make less but non-zero money and create real value for the world.
Not everything needs to be a VC pitch. People go into teaching (for example) knowing that it doesn't make much money because they want to make a difference, and plenty of them don't regret it.
When you’ve ticked off the money requirement then you can move onto higher level things and trying to change the world.
Maslow hierarchy of needs, and it’s probably better for everyone that it exists.
In theory, that's the entire point of why we as a society allow businesses to exist