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by master-lincoln 987 days ago
> Wow, I'm glad we've got you here to point out that the startup model doesn't work!

You asked why there is so much criticism to them taking so much investor money and I tried to explain. I don't understand why you react snarky.

I would also argue many comments are not anti-commercial but anti greed.

1 comments

I reacted snarkily because you appeared to be giving a one-sentence criticism of the entire model of startup investment. Doesn't that seem much too large a topic, and too well-established an aspect of modern economies, to dismiss in such a shallow manner?

Is it greedy to accept large amounts of money that an investor offers you? It had never occurred to me to think of it that way. I think of it as being fortunate to be in a position where someone says "I'll give you lots of funding to start a software company". That sounds to me like an exciting opportunity that's definitely worth taking, but apparently you think it's greed?

> "I'll give you lots of funding to start a software company

But in this case there was a mildly successful company that didn't seem to need that much money to fulfill their business plan. That is the direction I was aiming at. So they took more than they needed (greed) but didn't get it for free, but with expectations from investors that might not align with the original companies goals.

My critique went into the direction of taking more money than your plan needs.