Jason Fried on existing over exiting

In this episode I talk to Jason Fried, founder of Basecamp, about a common misconception that people have about the VC/Silicon Valley/Tech world. The reason this misconception exists is because popular media glamourizes and even fetishizes it to the point where it seems so ultimately desirable to have an idea, grow it quickly as a business that constantly outspends its earnings, and sell that business for unfathomable amounts of money. What if, Jason argues, instead of all that we focused more on existing as a profitable and longterm business, instead of trying to make an exit from it as soon as possible?

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