“A VC offers you a contract: he gives you money to accelerate a proven business model … we understood that we weren’t really a startup. We don’t really share any of their characterizing traits. In fact, we are more likely a “stay-up”, to steal a term from Aral Balkan, i.e. a sustainable business with no exit deadline.”
https://medium.com/@fanf42/stay-up-5b780511109d
???
Here’s to more stayups in Europe. We don’t have to blindly follow the toxic Silicon Valley model of VC & exits that gave us #SurveillanceCapitalism