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The topic was whether journalists know how to run their business given all their critique. Seems like it’s either easy and so they should get on with it (and i
by manigandham 7y ago
The topic was whether journalists know how to run their business given all their critique.
Seems like it’s either easy and so they should get on with it (and it’s undeniably cheap to get started) or it’s much harder than it looks and they don’t really know what they’re talking about.
- chrisseaton 7y agoThe original question was this > Why don't the journalists who know how to run the business pool their resources up and start a business then? What's stopping them? What do they need those venture capital vultures for? The answer is super simple - because they would starve to death before they managed to start making a profit. Most people don’t have that much savings for a runway. Someone said ‘move to a lower cost of living area’ but there is no zero cost of living area to move to until you become profitable. That’s why they need VC.
- manigandham 7y agoThis is the same situation that the vast majority of entrepreneurs are in and they make it work. What is so special about journalists that they always need special rules or consideration?
- chrisseaton 7y ago> What is so special about journalists They’re paid a pittance. They can’t build up any savings.