alt Hacker NewsThere are an infinitesimal number of tech based startups that are “lifestyle companies” that were bootstrapped and use revenues to grow without taking investor money.
There are even fewer that are “successful” - ie where everyone involved wouldn’t be better off just working as a LOB CRUD developer.
The goal of the founders don’t matter even if they do “care” about the customer. The customer is at the whim of the strategies of the investors of the company and if an acquired, the customer will probably get an email about “our amazing journey” when the company is shut down
Replies
> even if they do “care” about the customer
You’re not debating me, you’re contradicting @latexr.
> infinitesimal
You invented a narrow niche to knock down there, but as I said, I actually looked it up and the majority of startup companies that form are seed or self funded, not VC funded. I was responding to @latexr’s claims that “most” founders don’t care about product at all, which I believe is just false. You’re arguing with me about something else, and I don’t know what your point is yet. Mine is that caring about customers and caring about money aren’t exclusive things, a successful business must do both.
These smaller companies are doing well, they just aren’t incentivised to tell you about it. The VC backed companies are, either targeting you as a consumer or an investor and n an eventual IPO.