VC shares South Park 'Underpants Gnomes' meme: most startups skip the '?' phase
StewartalsopIII · x · 2026-10-25
Investor Stewart Alsop III posted the classic South Park 'Underpants Gnomes' meme — Phase 1: Collect Underpants, Phase 2: ?, Phase 3: Profit — quipping that most successful businesses start out with plans exactly like this, and asking followers to agree or disagree.
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