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It’s always funny to me to read some of the posts and comments on HN. A lot of (most?) HNers are working to silo off and rent seek. Yet we see posts about how w
by JustSomeNobody 7y ago
It’s always funny to me to read some of the posts and comments on HN. A lot of (most?) HNers are working to silo off and rent seek. Yet we see posts about how we lost software freedom here.
- sokoloff 7y agoRent seeking is trying to capture value without creating any. Most startups are trying to capture value after creating some, IMO. If you're tracking engaged users [or even growth of revenue and churn from individuals], you're probably not on a path towards rent seeking.