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dumpster_fire | 2 years ago
Isn't what you described as The Slog essentially just SMEs? That's not so bad. Perpetual meteoric growth for everyone is not healthy on a macro level. Couple of friends of mine are in what you describe as the worst outcome, yet they can buy houses and put their kids through schools (outside the US).
There's a middle layer of B2B that props up the economy in a more fragmented manner, and I don't think they should be dunked on.
eastdakota|2 years ago
ymolodtsov|2 years ago
Basically, issues happen when you take VC money but don't end up going the growth startup path. Buffer had the same problem, but they managed to earn enough money to buy their investors out.