And now you, the entrepreneur, need to look at the M&A stats (in software 40% of exits below $5M…
Christian Thaler-Wolski

For sure. Not for everyone + capital intensity is a serious issue. Now you’re stating this as a corollary but I have a follow-up post coming up on why pragmatic VC’s are OK with living with the reality of the companies they build. I have more exits below $200M than above. The 25 companies that return 1X the fund are where most startups land.

One clap, two clap, three clap, forty?

By clapping more or less, you can signal to us which stories really stand out.