.@pmarca explains why startups need preferential attachment and how great VCs help them get it: (opens in new tab)

.@pmarca explains why startups need preferential attachment and how great VCs help them get it: "If you think about mechanically what's happening with a startup, a startup needs to basically get into a loop in which it's accruing more and more resources as it goes." "When a company gets momentum, what it means is the next resource that you need is preferentially willing to attach to your thing as opposed to somebody else. That's the mechanical process that drives the power law curve." "A top-...