Startups
Startups4 min read
Are you on the cap table?
We become owners by owning. And ownership costs MONEY. So how much did you put in?
We become owners by owning. And ownership costs MONEY. So how much did you put in?
The problem is so deep that it has reached the people whose actual business is supposed to be funding this risk. Many investors now want a de-risked startup, which is almost an oxymoron. They want the certainty before they fund the process that creates the certainty. It is why I have increasingly come to believe that some “startup investors” are actually post-startup investors. They want the founder to finish doing the startup work, then arrive when the company finally looks like something they already understand. You cannot demand venture returns without venture risk!
If we want more people earning better incomes, we need more businesses that have useful work to do, and enough customers to pay for that work.