Most startups would like you to believe that they are trying to save the world in one way or another. For some, this is true and their hearts are in it. For most they are simply trying to solve a hard problem with technology and hope to make a lot of money from it. The employees at those companies also hope to not just build careers but amass a large amount of wealth in an eventual exit (IPO or private sale). There is nothing wrong with wanting to make money but many of these founders, their employees, and their investors seem to forget that the entire startup ecosystem is designed to have way more failures than successes.
Tech startup greed amidst a pandemic
Tech startup greed amidst a pandemic
Tech startup greed amidst a pandemic
Most startups would like you to believe that they are trying to save the world in one way or another. For some, this is true and their hearts are in it. For most they are simply trying to solve a hard problem with technology and hope to make a lot of money from it. The employees at those companies also hope to not just build careers but amass a large amount of wealth in an eventual exit (IPO or private sale). There is nothing wrong with wanting to make money but many of these founders, their employees, and their investors seem to forget that the entire startup ecosystem is designed to have way more failures than successes.