3 ms·
very interesting. But they’ll still need cash to hire, pay rent, purchase equipment, buy advertising, pay for bandwidth, create hardware prototypes, etc etc. Is
by azinman2 7y ago
very interesting. But they’ll still need cash to hire, pay rent, purchase equipment, buy advertising, pay for bandwidth, create hardware prototypes, etc etc. Is the idea you find the cash elsewhere? What happens if the partners don’t get along with the founders or the current roadmap? How much influence do they have? Can it be retracted if it goes poorly?
- cl42 7y agoI'm not here to defend the model (just posted my own comment supporting it), but just one note on the "getting along with founders". This is true for board members, early employees, etc. and I don't think their model makes this part any different. Opex for the VC fund, on the other hand, I'm not sure about.