Sunday, October 1, 2023

Now not all corporations want to be venture-scale

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We are living in an technology rife with the narrative of unicorns, decacorns, and startups that apparently explode in a single day into multi-billion-dollar enterprises, and each and every budding entrepreneur is apparently dreaming of being the following Elon Musk or Mark Zuckerberg. However actually, no longer each and every startup must be “venture-scale.”

I see a not unusual drawback with many startups I paintings with as a pitch trainer: Corporations will try to lift from VCs regardless of understanding they are able to’t in all probability ship venture-scale returns.

You’ll both be a venture-scale startup and lift from VCs or make a choice a unique trail and construct an overly profitable corporate regardless. However by no means the twain shall go: Should you’re seeking to pitch your startup to VCs with out providing a VC-scale go back, you may have about the similar probabilities as a snowflake surviving in entrance a Dull Corporate flamethrower.

Let’s communicate in regards to the distinction between an organization that may achieve venture-scale and one that may’t.

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