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That free model that Wilson louds got us to this point in the first place. Over last twenty years that Wilson been making money investing in free Twitter, etc.,
by pointillistic 8y ago
That free model that Wilson louds got us to this point in the first place. Over last twenty years that Wilson been making money investing in free Twitter, etc., thousands of people lost jobs in journalism, etc. He has no solution or suggestion, just ranting. Isn't he the freemium guy anyhow?
- ui-explorer12 8y agoadd to your points this gem: >> places like Twitter and Medium that remain open and free. WHAT? Perhaps only in the most literal sense of "they don't make you pay money to read", but that's not really what people mean when they talk about open and free...
- phishfi 8y agoNot to mention how much of Medium is behind their paywall...
- keerthiko 8y agoyeah was gonna say Medium literally makes you pay money to read now.
- pointillistic 8y agoPeople are starting to see through this BS that Wilsons of the world been preaching and profiting from for a quarter century. I only care for my money, not your job. I also prefer surveillance driven ad model that was never free and will never be free.
- rrdharan 8y agoYep. Well known VC talks their book. News at 11. https://abnormalreturns.com/2010/02/18/everybody-talks-their-book-everybody/ https://abnormalreturns.com/2010/02/18/everybody-talks-their...
- neom 8y agoI have the rejection email from Fred Wilson printed out and stuck to the wall next to my desk at the office. It says: this VC won't fund your startup because it's difficult, and I suspect no others will either. There are better ways to make money.
- simonebrunozzi 8y agoWhat was your startup about?
- neom 8y agoWe're a data management platform for public infrastructure. Think domo or mulesoft meets apigee for government. It certainly hasn't been easy, but I'm proud we've made a lot of progress since that rejection email! :)
- icebraining 8y agoI'm curious, did you get other VCs to fund you?
- neom 8y agoYup: https://www.crunchbase.com/search/principal.investors/field/organizations/num_investors/stae https://www.crunchbase.com/search/principal.investors/field/...