This felt like a Broscience article targeted at Startups instead of bodybuilders.
Tl;dr 1. the founder(s) quits too early due to lack of conviction ; 2. the founder(s) don't understand how to fundraise or company-build; 3. The venture capital market is in a period of risk aversion. And some stuff about how amazing Sean Parker is.
His controversial line is "Startups do not fail because they build products that nobody wants". And he is using his own taste as a barometer of "want". Sorry , it doesn't work that way.
Tl;dr 1. the founder(s) quits too early due to lack of conviction ; 2. the founder(s) don't understand how to fundraise or company-build; 3. The venture capital market is in a period of risk aversion. And some stuff about how amazing Sean Parker is.
His controversial line is "Startups do not fail because they build products that nobody wants". And he is using his own taste as a barometer of "want". Sorry , it doesn't work that way.