| ▲ | bad_username 8 months ago | |
Why 10 years? Is it not typical with startup founders to plan a lucrative exit in a much shorter time frame? | ||
| ▲ | drdrek 8 months ago | parent | next [-] | |
7-10 years is the realistic time frame for a moderately successful exit, usually those that are "Bought" after 1-3 years are actually failed ventures with all or most of the money going back to the investors to recoup their loses. | ||
| ▲ | _fat_santa 8 months ago | parent | prev | next [-] | |
It seems high at first but take a look at practically any successful startup (Slack, Dropbox, Notion, etc) and they all were around for 8-12 years before the founders cashed out. | ||
| ▲ | flessner 8 months ago | parent | prev | next [-] | |
> "Good startups usually take 10 years." - Sam Altman It also aligns with other Y Combinator teachings, such as targeting growing markets. | ||
| ▲ | pyb 8 months ago | parent | prev [-] | |
No, where did you get this idea? Good startups do not think this way. | ||