Silicon Valley, tech crunch, and abundance of money have glorified founding a company. In the early ’90s, people built a company because they had the option to pursue their dreams. It was more about innovation. Most of them worked for many years out of their garage. The capital was limited.

Fast forward to 2020, media and press have made founders and starting a startup like some mystic ceremony. People raise money to kill their competitors by offering discounts. Second-time founders raise money as much they like on their terms showing past success. The positive side of it is we are innovating at a rapid scale. The negative side of it is the fast pace at which companies are formed and shut at a rapid pace. It has also resulted in founders looking for funding or idea which will get them funded first, profitability and exits got the least importance.