4 ms·
fron the perspective of some founders, its easier to take the dumb money from overseas investment and sovereign wealth funds as you get the benefit of the funds
by nikcub 10y ago
fron the perspective of some founders, its easier to take the dumb money from overseas investment and sovereign wealth funds as you get the benefit of the funds but without the baggage of a minority investor with a blog who wants to change the world.
- M_Grey 10y agoYou may be confusing, "thinks they're changing the world," with something more like, "Trying not to do any more harm than necessary."
- jforman 10y agoMitch and Freada have already well accomplished "changing the world." Travis has many years to go yet before he can even be considered to be in the same league. As they say, GIGO. Feel free to take on garbage investors, but don't be surprised if your probability of success goes down as a result.
- yummyfajitas 10y agoSkimming their portfolio, it seems like their biggest accomplishment is actually funding Uber. http://www.kaporcapital.com/portfolio/ http://www.kaporcapital.com/portfolio/ Can you name something they've done that has had a more positive effect on the world than Uber has?
- jforman 10y agoMitch Kapor founded Lotus, the EFF, Kapor Capital, and the Kapor Center for Social Impact. I don't know exactly where his wife contributed among those things, but they generally refer to themselves as a unit these days so I do, too. He's invested in UUNET (!), Real Networks, Asana, AngelList, Dropcam, Omada Health, Optimizely, Twilio, and many more startups. He was the founding chair of the Mozilla Foundation. And much more. He is a lion of industry, having made his mark across multiple generations. Uber is important, but it's one company whose wins are not yet even solidified. Travis isn't even close to being in the same league yet.
- yummyfajitas 10y agoIf Optimizely and Asana stopped existing, most people would never notice. They would definitely notice if Uber vanished. Doubly so if the fixes Uber made to city governments were also to vanish.
- deleted 10y ago[deleted]
- jonstewart 10y agoDo you know who Mitch Kapor is? https://en.wikipedia.org/wiki/Mitch_Kapor https://en.wikipedia.org/wiki/Mitch_Kapor