Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Literally the whole point of a startup is to make a lot of money?


Not for many of us. I work in medtech, medical devices specifically. For me it's about bringing new medical treatments to market and therefore to be able to help people with those new devices. Large intrenched medical device manufacturers cannot innovate, they don't know how, so the only way to really innovate AMF bring new medical devices to market is through thr startup pathway.


Unfortunately the finance industry has perverted the purpose of startups and companies as a whole. While it is the way currently, it wasn’t until the past 15 years or so. It used to be you solved a problem or met a need. You made money because of this. It makes me sick that companies’ sole purpose now is to enrich shareholders.


Absolutely - because otherwise the risk to take them on is too high in all measurable terms (time, lost time, lost opportunity, lost capital, emotional toil)




Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: