and less successful ones. All our writers must meet certain criteria, such as an advanced degree and qualifications before we hire them. Why isn't there a parallel VC industry that invests in ordinary companies in return for a percentage of their profits? Whereas VCs need to invest in startups, and in particular the most successful startups, or they'll be out of business. All papers you buy with us are always checked for originality, language flawlessness and relevance before they are sent to you. For a company to grow really big, it must (a) make something lots of people want, and (b) reach and serve all those people. When a startup both begins with an idea exposed by technological change and makes a product consisting of technology in the narrower sense (what used to be called "high technology it's easy to conflate the two. There's no precise answer to that. If you want to start one it's important to understand that. Growth will slow, partly due to internal limits and partly because the company is starting to bump up against the limits of the markets it serves.
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That was the kind of change that yielded Apple; advances in chip technology finally let Steve Wozniak design a computer he could afford. The distinctive feature of successful startups is that they're not. To acquirers a fast-growing company is not merely valuable but dangerous too. And whats most impressive, you do not end up overpaying! Nine times out of ten, sitting around strategizing is just a form of procrastination. Over the next few years their problem became everyone's problem, as the web grew to a size where you didn't have to be a picky search expert to notice the old algorithms weren't good enough. Why should you buy with us and not with anybody else? If you can only manage 1, it's a sign you haven't yet figured out what you're doing.
Startup Growth, paul Graham
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