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by NetOpWibby 888 days ago
This post is a long-ass “told you so” and honestly, I’m here for it. I too had an Ello account and thoroughly enjoyed its minimalist nature.

VC money really seems like the beginning of the end.

1 comments

> VC money really seems like the beginning of the end.

For a lot of businesses, raising VC money is a mistake because rapid growth just isn't the right strategy. VC is expensive - you give up a lot of equity every round and are betting that your ever shrinking slice will be bigger because the whole pie grew faster. That is a very tough target to hit.

You’d think everyone would understand this by now.
Just one more web boom please, say 4.0 with AI.