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alephnerdtoday at 4:26 PM1 replyview on HN

At least in the US, most tech leaders and middle managers never did an MBA. Most are engineers who climbed the ladder into management.

Edit: Can't reply

> “Making money off of shareware” is no longer enough

Based on this I am guessing you are at least 10-15 years older than me and probably grew up in the 1980s and experienced the 1990s internet

> how do we make this company into an investment multiplier

> It’s a different mentality. It about unicorns or bust now

This is how startup funding has been since the beginning. You sure as hell weren't raising from Bessemer or Sequoia in the 2000s without also being able to answer whether you had a path to successful monetization.

Why would anyone give you their money if you cannot justify how you would make them more money?


Replies

mc32today at 4:39 PM

Could be so but once their companies get on the path to getting listed they get advice from their banks or investors and either or both have one thing in mind: how do we make this company into an investment multiplier? Also often founders are paired with business types to make companies more viable.

“Making money off of shareware” is no longer enough (never mind that it’s a non-starter now that everything is needs to be saas these days.)

It’s a different mentality. It about unicorns or bust now.

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