Congrats for publishing a new book. When I jumped into a startup, everyone seemed to have different definitions of MVP. So I just had to read your book The lean startup and realized that there is no one definition of MVP because every successful business can be different. The book also made me think a lot about profitability and got me into indie hacking mind. Although I read it just three years ago, it still held and helped me shape my views. Thanks. I will try to grab your new book someday for sure.
Now, here is my question. I personally got disappointed in how most “early” and “small” startups operate. I have short experience to be fair but their sole goal seems to be how to get funds and grants and how to get higher valuation. They didn’t have visions and sustainability in mind. It felt like they are doing gambling rather than running a business. What do you think of this and how would you explain?
If you've been around the ecosystem long enough, you eventually realize how these cycles go. When startups are seen as trendy and a good/easy way to get rich, you get a lot of this gambling behavior in response. When the crash comes (just wait) a lot of those people get flushed out of the ecosystem, and things return to the original motivations: building, exploring, discovery.
I was talking the other day to a Silicon Valley OG and he expressed total disgust to me about the "mercenaries" who have overrun the valley right now and who are destroying the very things that made it great in the first place.
Thanks for answering. A crash happened recently to me and I got myself voluntarily flushed out of the company. Mercenaries is a good way to put it. I guess I will have to keep searching for right people.