It's a shame that VCs have corrupted a $200MM/year business into the perception as a failure. Who cares if the VCs didn't get a large return, or if the outsized impact of the software didn't quite fully capture the value created. $200MM/yr without aggressive R&D or operational costs could be an incredibly healthy business.
Maybe we should stop trying to build so many billion dollar/year businesses and work on more sustainable models.
Maybe we should stop trying to build so many billion dollar/year businesses and work on more sustainable models.