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Startups are an act of desperation - by Elad Gil

substack.com · 1,864 words · saved by 1 readers

Startups are hard. For the first few years of a company, forward momentum is largely due to founders pushing every day. The weight of the company rests on their shoulders - including the financial well being and success of everyone they hired and the promises they made to their customers and investors. Founders often

Startups are hard. For the first few years of a company, forward momentum is largely due to founders pushing every day. The weight of the company rests on their shoulders - including the financial well being and success of everyone they hired and the promises they made to their customers and investors. Founders often sacrifice aspects of their person life for this work. Given that startups have a high cost to doing them[1], most great startups tended to have been an act of desperation by the founder. Usually there are a few forms of desperation. Each founder tends to have a mix of the below…

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