The current state of building a software company. Someone comes up with an idea, but in order to start building they need money in order to support themselves.
To get the money, they take on venture capital and give away a percentage of the company. This investment immediately introduces mis-aligned incentives that will, in the long run, not align well with building out the best user experience.
Also, if the company ever does become successful, it will take a very long time for anyone involved to realize any of the value, often leading to years of work without any real return on investment.
345
3.37K reads
The idea is part of this collection:
Learn more about technologyandthefuture with this collection
The differences between Web 2.0 and Web 3.0
The future of the internet
Understanding the potential of Web 3.0
Related collections
Similar ideas to Current State Of Building Software
Investors put their money to work. They know that the money they set aside today sets them up for financial freedom.
The progress we experience from the compounding effect of any habit isnβt immediately visible. As a result, people give up quickly.Β
They donβt realize that every day they show up theyβre building momentum. They are moving closer and closer to a breakthrough or inflection point.
The ongoing pandemic is more than just a gigantic health crisis. The global economic order, for the first time in several decades, is on the path to an imminent restructuring.
There are several questions that leaders around the world are grappling with, like how long this will ...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
β
100+ Learning Journeys
β
Access to 200,000+ ideas
β
Access to the mobile app
β
Unlimited idea saving
β
β
Unlimited history
β
β
Unlimited listening to ideas
β
β
Downloading & offline access
β
β
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates