Venture Capital Makes Mediocre Startups Drag On For Way Too Long

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		TECH MEDIA WALL STREET MARKETS STRATEGY SPORTS TOOLS LATEST VIDEO Thursday, March 10, 2011 INSTANT MBA: Venture Capital Makes Mediocre Startups Drag On For Way Too Long Advertisement Today's lesson comes from Stack Overflow founder Joel Spolsky: "A one time entrepreneur who only goes the venture route is very likely to be disappointed...they might end up working for a company that would not be the company they would've gone to work for in their wildest dreams... "The important thing to remember about VC startup companies is that some of them fail, a tiny number are these huge successes, and a very large middle number become kinda the horizontal companies that either you're stuck in for way longer than you thought, just slogging away at a business that's not growing as fast as it should have and you're just not excited anymore and your board hates your guts... "There are so many cases for VC companies where the outcomes are non ideal." Joel Spolsky, founder of Stack Overflow Want your business advice featured in Instant MBA? Submit your tips to tipoftheday@businessinsider.com. Be sure to include your name, your job title, and a photo of yourself in your email. Visit War Room for head-snapping advice and profitable insights for entrepreneurs, small businesses and managers. » Share this email: Buzz Facebook Twitter Digg Reddit StumbleUpon The email address for your subscription is: dwyld.kwu.careers@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to War Room RSS Feed Business Insider. 119 Fifth Avenue, New York, NY 10003 Terms of Service | Privacy Policy

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