You Need 7 Years to Exit

Years ago, entrepreneurs founded companies for a multitude of reasons.  In the past decade as huge wealth has been created by a small percentage of highly visible entrepreneurs, wealth creation has become a distraction to the formation of truly great companies.  I myself have been guilty of this thinking.

That’s why Lightspeed’s Jeremy Liew’s Post is so useful.  His data shows that it takes 7 years to make a startup work right now.  That’s a lot of time.  Maybe this will come as a surprise to some, but it’s very important that founders know what they are getting into when they begin.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: