Many companies founded in 1998-2000 were not real businesses in that they had users and eyeballs but no path to profitability; real businesses must eventually generate free cash flow, and eyeballs alone do not constitute a business.
causalpending
Speaker
Alfred LinEvidence Quote
“they were not real businesses they had lots of eyeballs they had lots of users um but that's not really enough”
Source
Sequoia VC Reveals: The One Trait That Built Airbnb, DoorDash & Zappos— The Knowledge Project PodcastCreated: 8/11/2026, 1:30:28 AM
My Notes
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