My role as a founder-CTO: year 8
miguelcarranza.es
My role as a founder-CTO: year 8
1–10 of 152 posts
Re: My role as a founder-CTO: year 8
#2Saying you want to control your company and you want to be around 10 years and then raising VC funding is either naive or dishonest.
VCs aren’t interested in a lifestyle business throwing them maybe a small dividend and a miniscule number of companies go public. Look at YC, they have invested in thousands of companies and only around 20 have gone public and only 3 have had positive returns since going public
https://medium.com/@Arakunrin/the-post-ipo-performance-of-y-...
Re: My role as a founder-CTO: year 8
#3Unless you are already worth billions if an exit would net you 9 figures its a no-brainer to sell.
Re: My role as a founder-CTO: year 8
#4[flagged]
Re: My role as a founder-CTO: year 8
#5Saying you want to control your company and you want to be around 10 years and then raising VC funding is either naive or dishonest. VCs aren’t interested in a lifestyle business throwing them maybe a small dividend and a miniscule number of companies go public. Look at YC, they have invested in thousands of companies and only around 20 have gone public and only 3 have had positive returns since going public https://…
The problem with that analysis is it ignores all the companies that exited through an acquisition rather than public markets.
If anything, it's an endorsement of M&A.
Re: My role as a founder-CTO: year 8
#6[flagged]
Re: My role as a founder-CTO: year 8
#7[flagged]
Did you just generate a GPT rant and find-replace every — with --?
Re: My role as a founder-CTO: year 8
#8Re: My role as a founder-CTO: year 8
#9Saying you want to control your company and you want to be around 10 years and then raising VC funding is either naive or dishonest. VCs aren’t interested in a lifestyle business throwing them maybe a small dividend and a miniscule number of companies go public. Look at YC, they have invested in thousands of companies and only around 20 have gone public and only 3 have had positive returns since going public https://…
The problem with that analysis is it ignores all the companies that exited through an acquisition rather than public markets. If anything, it's an endorsement of M&A.
My “analysis” was the idea of a private company that seems to want to stay independent and control their own destrone like the author of the submission wants. There are only two ways to stay independent - stay private forever or go public.
Once you take outside funding, you really have no choice but an acquisition or go public. VCs don’t want to get tiny dividend checks. Even public shareholders will insist on a sale at the right price
Re: My role as a founder-CTO: year 8
#10Earlier quoted context omitted.
Did you just generate a GPT rant and find-replace every — with --?
Why does everyone assume that everything posted is based on GPT? There are people in this world who know how to write.
Because your account was created after general access to chatGPT and other LLMs was available to the public and your writing style looks similar.
Anonymous text on the internet, especially from accounts made after 2022/2023, are like steel post nuclear tests. Everything on the planet is tainted and the only things that can be relatively trusted are steel/text created prior to the tainting event