Growth, expansion, funding, raising, scaling up. It’s what everyone in the startup ecosystem just loves talking about. A quick glance at this very site will reveal those are the main themes in the news. Not all good news, if you ask Dr. Melanie Rieback. She is the CEO and co-founder of Amsterdam-based Radically Open Security and hosts the incubator Nonprofit Ventures. She thinks the startup ecosystem should change its course for the better: “The Netherlands doesn’t need to become a country of unicorns.”
The case for post-growth entrepreneurship
The current economic model for growing startups is not sustainable, is what Rieback says. As long as the economy grows, it might work. But once it stalls, which it will likely do at some point, companies burning through other people’s capital will find themselves in trouble.