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by enigmatic02 1533 days ago
VC capital is useful assuming it's a winner-takes-all / capital-intensive market, but many markets are not, in which case optimizing for $ raised is actually a distraction

Example: Delicious was sold to bootstrapped competitor, Pinboard for only $35K. Pinboard is still around to this day

https://www.productlessons.xyz/article/pinboard-delicious-fa...