:: Breakeven ::

You should say it fast, in a low voice: "Breakeven". One word. Small word. Big problem.

Some of the names about to appear in the press as winded up Start-Ups in the coming months can still change their destiny. Those companies still have the chance to Breakeven. But they won't. They will not make themselves self-sustained. They will walk to their death the same way they walked through their whole life - with strong faith and head high. Proud honorable money drinking leeches.

And "The System" is to blame. It is always "The System". Always.

When investors, following the so American model of Venture Capital, invest in a company they don't care about building a business. They care about selling their stock to somebody else. So they don't care about building a business step by step. They care about their "Exit". They even have a name for it. "Exit Strategy".

And they train the founders and management to think the same way. So no one is thinking about coming to work doing business. Everyone is thinking about coming to work and doing "The Exit".

And so they will.

But just before they do, if you work for such a company and do value what you have created, go and ask your founders and management about it. Just say it fast, in a low voice: "Can we Breakeven?".

It won't help, but at least you'll know you did all you can.

And that by itself is worth something.

Wadi Writer #1 (Gray)
WadiList@mail.com