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Question. What's wrong with making just a little bit of money?? (which is presumably still more than i will ever see!)
by goalieca 10y ago
Question. What's wrong with making just a little bit of money?? (which is presumably still more than i will ever see!)
- sethhochberg 10y agoThey raised millions of dollars of VC funding. There certainly are ways to raise money to grow your business slowly and under terms that you're in better control of (small business loans from traditional banks are a great example), but when you agree to take VC money you do it with the intent that you'll grow, baby, grow.
- static_noise 10y agoIn some fields the winner takes it all. Either you win or you die. Also money is like a drug. What's wrong with taking a little cocaine in the morning and a little heroin in the evening? Nothing, except there are very few people who can sustain that over an extended period of time. You also wouldn't know about them because they neither become very rich nor very famous. ("Hey look there is the most average guy in the whole country who has no exceptional qualities.") The world belongs to the candles who burn from both ends.
- PhasmaFelis 10y agoDownvoted you by mistake, apologies.
- ncallaway 10y agoNothing is wrong with making a bit of money. However, when the barrier to entry for providing a service is low you have to be _very_ careful about making that money by negatively impacting the user experience. If you make money, that's fine. If you make money by taking advantage of users, you can't really be surprised when a competitor pops up and users leave.