Comment on March 2015 Media Thread

DanB
Mon, 02 Mar 2015 21:31:49 GMT

I just finished Founders at Work by Jessica Livingston, cofounder of YCombinator. I strongly recommend it for anyone who is thinking about doing a startup. The book consists of a collection of interviews with company founders. Some of the interviewees were extremely successful; others achieved a good modest success quickly, followed by a buyout; and others seemed like they were on a path to success but then failed.

One clear message from the book is that taking VC money is very decidedly not always a good thing.

Another depressing trend was how many companies startup, expand, and do very well, then are bought out by BigCorp, which then fails to manage them correctly, so the product effectively disappears.

Discuss