I think this is the 4th major blog that I've seen just repost Andreesen's tweet stream.
But, regardless of frothy times or not, the advice is solid. Keep your burn low. Run as lean as possible until you've figured out the business model.
But, regardless of frothy times or not, the advice is solid. Keep your burn low. Run as lean as possible until you've figured out the business model.
The VC market is not looking for consistent year over year 8% growth for the next 40 years. If they wanted that they would have bought index funds and told startups to fuck off.