Friday, July 26, 2013

A bit of a caveat on the pursuit of growth...

While the upside is that markets have become increasingly larger, Fred Wilson (AVC) notes the downside to rubbing up against the limits of growth:

Of course, you can come up with new lines of business, new hit products, or make acquisitions to keep on the growth treadmill. But recognize that is what you are on. You can and will become a slave to it.

Startups and their rich uncle pennybags (VCs) are particular slaves to this drug. We build and finance companies that are designed to grow and grow and grow. That's how we create wealth, jobs, and impact. It's a fantastic ride that I cannot get off. But these rides do slow down and even end sometimes. And that's a bitch.

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