I'm being a little tongue in cheek because we do have the structures, it's just that the modern sort of VC we call 'investors' in these parts have a limited range, as you imply.
is there a path to victory as a non-bootstrapped startup that doesn't include IPO or acquisition. How would you structure things to where investors and employees are confident they would share in the ongoing rewards of a non-public company.
This question probably does make sense in the context of HN and the modern tech VC scene but the reason I was being tongue in cheek, again, was because across other industries and in most of the world for the past X hundred years, taking shares in businesses and then taking a cut of the dividends has been a main (though not only) way of making investments in smaller companies.
It seems like the modern tech scene is almost an aberration in this sense.
is there a path to victory as a non-bootstrapped startup that doesn't include IPO or acquisition. How would you structure things to where investors and employees are confident they would share in the ongoing rewards of a non-public company.
This question probably does make sense in the context of HN and the modern tech VC scene but the reason I was being tongue in cheek, again, was because across other industries and in most of the world for the past X hundred years, taking shares in businesses and then taking a cut of the dividends has been a main (though not only) way of making investments in smaller companies.
It seems like the modern tech scene is almost an aberration in this sense.