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by 650REDHAIR 1377 days ago
“Legacy business model” = ???
2 comments

Making money
Yeah everyone these days is saying

"OK, first we have very nice policies generous no-questions refunds, get a good word going. Then traction, then investment. Then, revenues, it's revenues all the way, growth man. And then you get a good multiplier on revenues because we can say we're tech for some fucked up reason. Like coupla degrees here n there some PhD's (this is why there's big-name university focus, there's better PhD's in Georgia Tech, but it's marketing) maybe then we can say it. Then...liquidity event. Then just juggle forever."

Specifically, making money by making products, rather than grifting investors.
= Actually making engines?