But we don’t need more players playing the same old game. We need new rules for winning.
…ty die within 20 months. Success equals the amount of money raised, or the profits made upon exit — never mind whether any value is generated in the world beyond capital.
Startups, like the male anatomy, are designed for liquidity events. Consider the metaphors: “seed” funding, “up and to the right” trajectories, “acceleration,” “exit.”…