Little bugs in the way founders are wired as they move from seed to Series A(johnwdanner.medium.com)
johnwdanner.medium.com
Little bugs in the way founders are wired as they move from seed to Series A
https://johnwdanner.medium.com/10-little-bugs-in-the-way-founders-are-wired-as-they-transition-from-seed-to-series-a-b94538855c1b
3 comments
This title was very hard for me to parse. I think I reread it almost ten times.
It's an artifact of the posting guideline:
> If the title contains a gratuitous number or number + adjective, we'd appreciate it if you'd crop it. E.g. translate "10 Ways To Do X" to "How To Do X," and "14 Amazing Ys" to "Ys." Exception: when the number is meaningful, e.g. "The 5 Platonic Solids."
It probably really should have been just "Bugs in the way founders are wired as they move from seed to Series A". Still a little hard to parse (But the actual article was good I thought, and resonated with my experience!).
> If the title contains a gratuitous number or number + adjective, we'd appreciate it if you'd crop it. E.g. translate "10 Ways To Do X" to "How To Do X," and "14 Amazing Ys" to "Ys." Exception: when the number is meaningful, e.g. "The 5 Platonic Solids."
It probably really should have been just "Bugs in the way founders are wired as they move from seed to Series A". Still a little hard to parse (But the actual article was good I thought, and resonated with my experience!).
There he says "You are going to be firing about 50 people in that first year to get to 70 amazing ones." That's a 42% attrition rate in the first year from firing alone (not counting resignations or layoffs). Has there been any successful company that has intentionally fired (i.e. not mass layoffs because of lack of funds) 42% of its staff in its first year?