Hacker News new | ask | show | jobs
by the_mitsuhiko 252 days ago
> But why would tesonet spend resources to help a competitor to start?

I thought tesonet is venture / seed fund?

1 comments

Then the question becomes why would they help a company that competes with their portfolio companies. And even stronger case that they got some shares in return.
One reason is that helping contributors that you know will survive (as proton was already well known) grows the market. Basically give the competitor of piece of the cake because they will enlarge the cake for everyone.