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I'm sensing some very, very strong irony here. When GitHub (which has always been cash-flow positive) took VC money, they said that it wasn't because they need
by reuven 11y ago
I'm sensing some very, very strong irony here.
When GitHub (which has always been cash-flow positive) took VC money, they said that it wasn't because they needed the money. Rather, they said that the money would be used to fund new projects and directions, and because it brought the VCs in as strategic partners.
Maybe the money did change things -- but the new directions weren't positive, and the strategy suggested by their partners wasn't as beneficial as they thought?