I am so sad after reading this article, this confirms an essay I shared on HN last year :<p><a href="http:&#x2F;&#x2F;read.reddy.today&#x2F;read&#x2F;5&#x2F;new-entrepreneurs-are-no-longer-wise" rel="nofollow">http:&#x2F;&#x2F;read.reddy.today&#x2F;read&#x2F;5&#x2F;new-entrepreneurs-are-no-long...</a><p>It looks like the startup community is discovering how to start a profitable business.<p>&gt;This means startups need to do things like setting a strategy to select the best customers out of the pie, and serving them with better products.<p>&gt;If possible, it is always better to set up a company or service so that the wrong customers never come in the front door in the first place.<p>Really, I find this article sad and laughable. It&#x27;s like Silicon Valley is discovering fire.<p>This unspecified strategy used to be called marketing in ancient times...<p>&gt;When a bad customer makes it into your system, eat the cost and rip off the bandaid.<p>I&#x27;d be very concerned if I created a business system in which there was a possibility for me to lose money with a customer. That&#x27;s where the issue is, this concept of firing customers is just fun.<p>First time I write a negative comment but the state of tech entrepreneurship is just so disappointing. Most  young people really have no clue on what they are doing.