Inside of every giant, growth-hacked company is a tiny, sustainable company that was utterly destroyed in the name of earning capitalists more money.

Startups spend a ton of money, effort and talent trying to scale up to become a unicorn, ultimately to make VCs money. The entire startup system is inefficient and wasteful, and it's a result of putting all focus on the derivative of value (stocks, IPOs, VC payoffs), instead of value (selling a product to customers).

@gdorn And the tiny one probably had better service and/or products.

@gdorn @Antanicus even worse is for the most part the only reason these companies go onto become Unicorns is the absurd amount of VC money that is being pumped into them. Take that away and their flimsy business models collapse like a stack of cards holding up a bowling ball.

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