sublimeguile

“! You’ve reached your app limit of 100 apps.
 ! Contact us at biz@heroku.com to have this limit increased.”

– Uh oh.

One of my favorite VC bloggers wrote an article that I’m pretty sure was meant to be serious but that had me in stitches. Fred Wilson, famous in VC circles and a very smart guy wrote an article that contains a whole series of gems, the best one of which was this line:

“At some point you have to build a real business, generate real profits, sustain the company without the largess of investor’s capital, and start producing value the old fashioned way. ”

The reason why I thought this was supremely funny is that if VCs start to complain that their start-ups are not behaving like bootstrappers it’s like hearing an SUV driver complain about their mileage. Who bought the thing in the first place? Who gave this money to be used as fuel to a company without a profitable model in the first place? Who thought it was a good idea to buy a vehicle that requires so much fuel that using it to haul a product you sold from ‘a’ to ‘b’ means you lose all your margin on the fuel bill?

If Growth By Itself Was Good Then Getting Cancer Would be Good News - Jacques Mattheij