VC funding isn’t charity, investors want a return.
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VC funding isn’t charity, investors want a return. Then the enshittification starts.
Not that hard to understand really.
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VC funding isn’t charity, investors want a return. Then the enshittification starts.
Not that hard to understand really.
@dansup „Business model“
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VC funding isn’t charity, investors want a return. Then the enshittification starts.
Not that hard to understand really.
@dansup is there a site on the business, fundraising & investing?
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VC funding isn’t charity, investors want a return. Then the enshittification starts.
Not that hard to understand really.
@dansup all comes from the very human drives of greed, ego, power and overconfidence.
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VC funding isn’t charity, investors want a return. Then the enshittification starts.
Not that hard to understand really.
@dansup so many stories of friends/associates who took the funding… and are now essentially being held financially hostage. Wild times.
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VC funding isn’t charity, investors want a return. Then the enshittification starts.
Not that hard to understand really.
@dansup
In the case of generative machine learning, the product wasn't even good to begin with! -
VC funding isn’t charity, investors want a return. Then the enshittification starts.
Not that hard to understand really.
@dansup Right? VC stands for "Vampire Cabal". They cant create, they can only feed until you're a dead husk and they move onto new prey. -
VC funding isn’t charity, investors want a return. Then the enshittification starts.
Not that hard to understand really.
@dansup VC funding is the death of sustainable growth. The same for companies that are going public.
If your goal is to build a sustainable and ethical business don't go down that route. Nothing good will come of it.
Sustainability should be at the core. As it ties directly to is this thing I am doing solving a real world problem and is it solving it in a way that users are interested in - without me using VC capital to shove it down your throat to gain market dominance.
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