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As a person who works in tech and uses it, when I see a tech company is vc funded that’s a huge red flag as a person who would have an interaction with that com
by stephenr 8y ago
As a person who works in tech and uses it, when I see a tech company is vc funded that’s a huge red flag as a person who would have an interaction with that company because more often than not their business model will involve whoring out my personal data before closing down after a few years either because no one wanted to keep throwing money at them or because someone threw a lot of money at them, bought the company and closed the service down.
In my mind it says the founders truly only care about getting their pay day in a very tangible way.
I’m no fan of any X-as-a-Service company, but I trust a bootstrapped and privately owned one a fucking lot more than I trust one built on VC dollars.