This company screams “Stripe please buy me” so so much.
From branding to the all UVP, it was a fast exit because it was meant to be.
Still a massive achievement
From branding to the all UVP, it was a fast exit because it was meant to be.
Still a massive achievement
Selling your startup is not a good plan. Make it big, change the world, and swim in money.
they are looking at quick exits especially in this high interest rate environments and so are the backers
Very few entrepreneurs are looking to create companies that will provide its workers with forever jobs
It's sad but those few that are grinding it out and creating jobs, helping economies in those countries run proper are the unsung heroes.
Time will tell where this American greed will take Americans but so far, its not looking good.
VC does then choke out nascent companies in the "mid-sized, actually employs people" space if they think there's the potential for a quick buck, by driving it to zero, but the founders trying to do as you describe aren't anywhere near Y Combinator in the first place.
Sure buddy.
If you have a swimming pool worth of money, or a pond, or a canal, or a river, or maybe an ocean - you can swim in all these. Some founders maybe don't want to turn 58 trying to reach that perfect cubic m. volume of water to be able to swim. They might rather want to start swimming when they are kinda younger (30s maybe?). Who knows. And while already swimming they might want to get another pool, maybe an olympic size later and so on, instead of keep waiting for that "perfectly sized water body for them".
> change the world
Oh ffs. Really? Is that even a thought on the distant horizon of startup founders? Haha.