I've certainly seen first-hand how resource constraints can lead to incredible focus, creativity and a cohesive end product. I've also seen how hypergrowth at scale can lead tons of waste and net-negative activity. The ideal is efficient growth, which requires different tricks at different stages, and becomes harder and harder as you grow.
I dislike the VC model because there is huge pressure to keep growing even when it doesn't make sense or sells out potentially bigger but non-monetary ambitions. For example Twitter received incredible pressure to be as big as Facebook which turned it into a generic walled-garden ad-selling media app, away from the potential to be message-plumbing for the Internet.
I dislike the VC model because there is huge pressure to keep growing even when it doesn't make sense or sells out potentially bigger but non-monetary ambitions. For example Twitter received incredible pressure to be as big as Facebook which turned it into a generic walled-garden ad-selling media app, away from the potential to be message-plumbing for the Internet.