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No. But there are some different (and new) approaches / alternatives to the VC surveillance capitalist cycle we see when it comes to building a business. Be bo
by kgraves 6y ago
No. But there are some different (and new) approaches / alternatives to the VC surveillance capitalist cycle we see when it comes to building a business.
Be bootstrapped and profitable (Basecamp/Indie Hackers) or independent and ethical (Small Tech) [0].
You don't need to have the same goals as cancer to win in the tech space.
[0] https://small-tech.org/ https://small-tech.org/
- sneak 6y agoI believe this is a false dichotomy. It's not cancerous to want to pursue e.g. advanced hardware (Oculus) or hundreds of millions of users (Instagram, WhatsApp, et c). I refuse to believe that with capital being what it is today, there is no funded route to having e.g. 100M users that doesn't eventually involve working for the big five. OWS has done it (in a strange way), so there are definitely some paths, if a bit weird.
- kgraves 6y agoThose are just quick examples I listed, (you could have both or utilise crowdfunding!) I do find that companies that need to continuously raise cash from venture capitalists (as many startups do) don't have the customers (not users) interests at heart and are already financially and morally bankrupt. (They are already thinking about a 10x exit rather than focusing on building a great profitable business!) > It's not cancerous to want to pursue e.g. advanced hardware (Oculus) or hundreds of millions of users (Instagram, WhatsApp, etc). All of this (and every startup needs this to grow) is usually at the cost of the customers privacy. All the time. > I refuse to believe that with capital being what it is today, there is no funded route to having e.g. 100M users that doesn't eventually involve working for the big five. You don't have to sell out to the big tech companies, just be a regular profitable business from the start and don't spy on your customers.