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by Animats
2273 days ago
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"In the 17 years since I signed the lease on DNA Lounge, I've spent about five million dollars on it. ... DNA has never turned a profit. ... Well, here's the thing: I've run out of money." There were also two failed pizza restaurants involved. One reason, when someone got some money from a startup and asked HN what to do, one of my comments was "Don't buy a restaurant." Now we have Yelp mooching off a very marginal industry. That's pathetic. One of the big breakthroughs of the tech boom has been developing new ways to squeeze money out of poor people. Uber, Lyft, Doordash, Grubhub... What "tech"? - they're job shops. |
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