> surely the founder would be able to sell the company for 1 million dollars ins... | Hacker News

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		pjc50 on Jan 21, 2025 \| parent \| context \| favorite \| on: Startup Winter: Hacker News Lost Its Faith > surely the founder would be able to sell the company for 1 million dollars instead of crashing and burning That is absolutely not guaranteed at all! It's not even guaranteed that the next funding round will be on a better basis, or not dilute you. The pre-IPO market for companies is illiquid and bad at price discovery.

rrr_oh_man on Jan 22, 2025 [–]

> That is absolutely not guaranteed at all! It's not even guaranteed that the next funding round will be on a better basis, or not dilute you.

It's not even guaranteed that there will be a funding round at all. Raising money is extremely hard, for most companies.

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