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Finding signal on Twitter is more difficult than it used to be. We curate the best tweets on topics like AI, startups, and product development every weekday so you can focus on what matters.
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Startup culture has convinced founders that selling a company for $1 billion is somehow the goal. The math is kinda insane though.. In one study of more than 1000 seed funded startups, less than 1% became billion-dollar companies. And even if you somehow get there, you probably don't own anywhere close to 100% anymore. Carta data shows the median founding team owns around 56% after seed, 36% after Series A, and just 16% by Series C... That's split across the entire founding team too! Then…