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.


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