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I'll say VERY good things about RescueTime's VC (True Ventures) but, then again they oftentime invest a lot like Angels do. I don't think VC is dead (for consu
by webwright 16y ago
I'll say VERY good things about RescueTime's VC (True Ventures) but, then again they oftentime invest a lot like Angels do.
I don't think VC is dead (for consumer or otherwise). As recently as 3 years ago, Facebook's prospects of revenue were jokeworthy. Now their targeted ads aren't much cheaper than adwords. Twitter's revenue prospects right now are also in the "laughable" category (yeah yeah, they did make money last year on some bizdev deals).
Without VC money, these services would never reach the scale where these revenue ideas could take form.