The companies that were never fundable are now buildable
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Ask a European founder how the company is going and you’ll usually hear a number of answers. Ask an investor how a portfolio company is progressing and headcount will often be among the first three metrics.
For thirty years, that shorthand worked because software output was closely tied to the number of people building it. That relationship has now broken. But the way startups are funded, and the metrics investors use to assess them, has not caught up.
Consider what a small team can now carry: a
For thirty years, that shorthand worked because software output was closely tied to the number of people building it. That relationship has now broken. But the way startups are funded, and the metrics investors use to assess them, has not caught up.
Consider what a small team can now carry: a
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