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Dennis Keohane
227 followers -
Boston-based startup consultant...whatever the hell that means.
Boston-based startup consultant...whatever the hell that means.

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Good, thoughtful piece by CRV's Danny Crichton ... "Since the financial crisis, Silicon Valley has been running on what might be called the Big Venture Formula. It goes something like this: burn capital as fast as it comes to drive growth. Build momentum by hiring employees as quickly as possible. Dominate the media. Sell the vision to each new set of investors (albeit not the numbers!). Avoid disclosures. Stay private as long as possible. Get scale. Go from unicorn to decacorn to centicorn. Prosper.

It’s that last one where things start to go awry."

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Good stuff from a great team of entrepreneurs.

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