Do you know the difference between a business model and an exit strategy?
Are you building a business that has a real, viable business model?
Or are you trying to do an Instagram?
Instagram was a once in a blue moon incident when a team of seven people with no revenues and a product with a questionable business model gets acquired for over a billion dollars.
If your motivation is to build to flip and play the dangerous odds of this game, I am sorry, I don’t think you’d find a lot of takers these days.
There were takers, once upon a time. Not too far back, actually.
A few bets did pay off.
VCs have been burned.
This game is over.
This segment is a part in the series : Series A Crunch