Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

If you're raising ANY institutional money, the expectation is trying for a home run (though most expect the process to take 7+ years).


sure, but if you haven't taken a ton of money, you have the opportunity at some point to take a strategy that turns a small, steady profit now instead of being continually forced to doubling down on being the Next Big Thing


Good luck aligning those goals with investors'. Most of them signed up for the Next Big Thing, if they wanted a small steady profit, they would've bought a condo and rented it out.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: