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Because, as soon as I wanted to raise money from VC to grow the business, it was very difficult to get anything. And we have a lot of research and projects, th

by jbk 6y ago

Because, as soon as I wanted to raise money from VC to grow the business, it was very difficult to get anything. And we have a lot of research and projects, that we never get released, and other people use the tech, rewrap it and get the $$ :)

madballster 6y ago
I commend you for your personal ambition, but sometimes getting a different perspective can be a good thing. Your complaint basically is that you are having a hard time getting a VC investment for your (otherwise perfectly fine) running business that feeds a lot of mouths and - while not making a fortune - makes money. On a certain level that's akin to a tenured professor with a perfectly fine University career complaining he has little chance of ever being awarded the Nobel Prize. Ambition is great, but do not let it cloud your sense of pride in your achievements. If you're not content being 90th percentile, what gives you confidence you'd be happier being 99.9th percentile?
- jcampbell1 6y ago
  > On a certain level that's akin to a tenured professor You clearly haven’t run a small business. It’s more like being a dairy farmer where if you ever fail to make hay, every thing dies. There are good times and bad, but you are never free from the sword of Damocles.
  - madballster 6y ago
    I have, for over 10 years. Nobody ever promised me as an entrepreneur it would be a fun and secure ride start to finish. It wasn't, yet I am very happy and content. For those who do not like the "risky" nature of it there are stable careers to choose from with monthly paychecks and health insurance. Who ever guaranteed each and every hardworking software/tech business owner a $100 million exit event handed to them on a silver plate by a VC firm? Entitlement is not a path to happiness.
unityByFreedom 6y ago
You bring unique expertise to your clients that noone else can match. In these VC convos and elsewhere, consider focusing on your strengths rather than pointing out how others are reaping rewards for your work. The fact that others get $$ for wrapping your work and advertising it can be viewed as a positive thing; it's a contribution to society even if you don't get a cut of every transaction. Of course you want some cut, and more would help you grow. You yourself probably have a better bead on avenues where open source or VLC is likely to succeed than anyone. VC funding, I hear, is more about the people than the ideas. It can also be cliquish. It might be worth asking a friend who's received such funding for some constructive criticism on your approach. If you don't have one, make one.

by jbk 6y ago

madballster 6y ago

I commend you for your personal ambition, but sometimes getting a different perspective can be a good thing. Your complaint basically is that you are having a hard time getting a VC investment for your (otherwise perfectly fine) running business that feeds a lot of mouths and - while not making a fortune - makes money. On a certain level that's akin to a tenured professor with a perfectly fine University career complaining he has little chance of ever being awarded the Nobel Prize. Ambition is great, but do not let it cloud your sense of pride in your achievements. If you're not content being 90th percentile, what gives you confidence you'd be happier being 99.9th percentile?

jcampbell1 6y ago
> On a certain level that's akin to a tenured professor You clearly haven’t run a small business. It’s more like being a dairy farmer where if you ever fail to make hay, every thing dies. There are good times and bad, but you are never free from the sword of Damocles.
- madballster 6y ago
  I have, for over 10 years. Nobody ever promised me as an entrepreneur it would be a fun and secure ride start to finish. It wasn't, yet I am very happy and content. For those who do not like the "risky" nature of it there are stable careers to choose from with monthly paychecks and health insurance. Who ever guaranteed each and every hardworking software/tech business owner a $100 million exit event handed to them on a silver plate by a VC firm? Entitlement is not a path to happiness.

unityByFreedom 6y ago

You bring unique expertise to your clients that noone else can match. In these VC convos and elsewhere, consider focusing on your strengths rather than pointing out how others are reaping rewards for your work. The fact that others get $$ for wrapping your work and advertising it can be viewed as a positive thing; it's a contribution to society even if you don't get a cut of every transaction. Of course you want some cut, and more would help you grow. You yourself probably have a better bead on avenues where open source or VLC is likely to succeed than anyone. VC funding, I hear, is more about the people than the ideas. It can also be cliquish. It might be worth asking a friend who's received such funding for some constructive criticism on your approach. If you don't have one, make one.