Trade-Offs and False Assumptions in the World of Venture-Backed Founders

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This chapter explores the challenges faced by venture-backed founders as they navigate the trade-offs between prioritizing growth and profitability. It delves into the impact of the venture capital landscape on decision-making and how startups can fall into a trap of high expenses and slow growth.

Episode 96: Most startups and their founders don’t spend their money well, often using it as a crutch for a bad product or a misguided tool for growing their business too quickly. Today, I’m going to read essays from Elad Gil, a successful entrepreneur and arguably the greatest angel investor in the world, and Paul Graham, the founder of Y Combinator, on spending your money wisely.

Elad Gil Essay: https://blog.eladgil.com/p/capital-efficient-businesses

Paul Graham Essay: https://www.paulgraham.com/aord.html

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