If you want to change the world significantly, you will need significant numbers of customers, and associated revenue. Nothing wrong with wanting to change the world.
One of the author's arguments is that you will dilute your ownership by taking on the "required" investment needed to have a chance at reaching the magic 1B. Is this true? Of the 40 mentioned private >1B firms, what fraction raised lots of VC money and experienced significant founder dilution? My guess is not that many of them; the author simply assumes it is the case.
One of the author's arguments is that you will dilute your ownership by taking on the "required" investment needed to have a chance at reaching the magic 1B. Is this true? Of the 40 mentioned private >1B firms, what fraction raised lots of VC money and experienced significant founder dilution? My guess is not that many of them; the author simply assumes it is the case.