Hacker News new | ask | show | jobs
by levifig 962 days ago
VC funding is where cool products/ideas go to die... or sell off to be assimilated.

I don't think VC funding exists if "premium support/enterprise consulting" is the monetization strategy. Either they see monetary value in the product itself and intend to maximize it (aka subscriptions, paid features, etc), or see the IP value and intend to have the business "flipped" for profit.

1 comments

I don't disagree, but was there something in this post that suggested their monetization strategy was support and consulting? I do see they are going to be focused on "ethical monetization" but I have no idea what that means.