Why we should aim to build a forever company, not just a unicorn

Bezos runs Amazon as his forever company, but it’s certainly not just to support his lifestyle, it’s to make a much bigger impact than that. And Amazon took millions in venture capital money on their way to becoming a public company, to fully capture the opportunity. There’s a different kind of problem when the desire for a lifestyle interferes with the “forever” part of the goal. Those who underinvest in their products create the danger for a smarter/bigger/funded competitor to put them out of business, which is a lifestyle company that doesn’t last forever! This distinction is subtle, but important.

1 comment
  1. I see a lot of founders doing startups because ‘there is a gap to be filled’ – i.e. 2-3 year$ time horizon. As opposed to founders who actually believe in the space/industry they operate in.

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