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The problem with tech startups, especially VC funded ones, is that they are rarely profitable until they are sold to a bigger company or (in rare cases) go publ
by the_duke 7y ago
The problem with tech startups, especially VC funded ones, is that they are rarely profitable until they are sold to a bigger company or (in rare cases) go public.
And once either of those happens, there will be forces opposing substantial OS contributions ("fiduciary duty" etc), which will win out if the leadership doesn't fight for it.
- scarface74 7y agoAnd most tech startups aren’t even profitable after they go public...
- marcus_holmes 7y agoThis is why I said "cash positive" not "profitable". Not the same thing. e.g. Amazon is cash positive, but not profitable. My priority is making sure payroll is covered. After that, I'd put OS contributions as an infrastructure cost (like licence fees for paid software), so fairly high up the list of priorities, and an annual budget item.