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by cookiecaper
4549 days ago
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If you're a B2C that can't charge customers until you've gained a lot of traction, you should get no investment. How many times does this la-la-land "business" plan of "pay nothing, get everything" have to play out before we recognize it's not a business at all? Facebook is not profitable. Twitter is not profitable. Google's fundamentals are questionable (AdWords is a ripoff), and they lucked out with Google Apps for Business and other sources of direct revenue which similar companies have yet to replicate. And those are the "successful" free products. |
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