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As someone who funded them, I disagree with you. What investors are looking for is scale combined with profitability. Often the best way to achieve that is to
by pg 16y ago
As someone who funded them, I disagree with you. What investors are looking for is scale combined with profitability. Often the best way to achieve that is to optimize for scale first, as Google did.
It's easy to "build a profitable company." Just start an unambitious service business with low costs. But it is much harder to start from that and add scale than to start from scale and add profitability.
- staunch 16y agoIt's also pretty easy to create a large scale business by taking shortcuts like streaming copyrighted content. Look at Grooveshark, Stage6, or any of the hundreds of popular torrent sites. For someone who's used to creating normal web products it's shocking to see how fast a site can grow with copyrighted content. It's not "make something people want" it's "give people what you already know they want but can't get for free".