> The goal of a startup is to make money, not raising money. the SV scene seems to be concentrating on the latter since its influenced & guided completely by venture capitalists and their interests instead of market opportunities.
I see it as a protocol to reduce uncertainty and expect more protocols (appcoins? kickstarters?) to arise. You know that the next carrot in front of you is going to an accelerator, then raise more money (repeat), then get acquired, get profitable, go public, or simply die.
I see it as a protocol to reduce uncertainty and expect more protocols (appcoins? kickstarters?) to arise. You know that the next carrot in front of you is going to an accelerator, then raise more money (repeat), then get acquired, get profitable, go public, or simply die.