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by strayptr
3845 days ago
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3 million dollars is nothing. It took a million dollars to make a single very low-quality video game, circa 2008. Salaries are expensive. The investment model is set up to let founders "burn through" money while they explore new approaches to old industries. The investors don't really care that the money is lost. To be an investor, you have to assume 9 out of 10 of your investments will be write-offs. So if you're not defending the investors' money, and if the founders are happy doing this, then why are you intentionally being harsh? Let them do their thing. Yeah they might fail, but so what? It's the only path to success. It's not really productive to try to save people or companies via internet comments. You're more likely to demoralize them than to change their minds. Unfortunately, demoralization is often someone's hidden motive. |
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Moreover there is great ideas* in this thread that can actually help the company.
* https://news.ycombinator.com/item?id=10707389