Comment by majormajor
6 years ago
> Absolutely no way new startups can play ball with those salaries
Are their ideas just not that promising, or are they just not raising enough money, or what?
6 years ago
> Absolutely no way new startups can play ball with those salaries
Are their ideas just not that promising, or are they just not raising enough money, or what?
Google has an ATM printing money in the basement. Startups do not.
> Google has an ATM printing money in the basement. Startups do not.
Venture capital is supposed to be (and certainly was a few years ago, though it may have gotten more conservative) the transfer pipeline between the money printing enterprises and the high-risk, high-reward startups that provides the unlimited cash the latter don't otherwise have while unlocking the return potential the former lack.
I mean my company raised $14 million from Google Ventures, so it’s working to some degree