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And https://bazaarmodel.net/phorum/read.php?1,9 https://bazaarmodel.net/phorum/read.php?1,9
by merricksb 6y ago
And https://bazaarmodel.net/phorum/read.php?1,9 https://bazaarmodel.net/phorum/read.php?1,9
- ignoramous 6y agoThis was a surprisingly good read. > What can we learn from this? Be clear about control. Don't assume that people with MBAs know a thing about business, let alone technology. Don't throw out your prime source of revenue before another one is in place. Fashionable programming languages don't equal useful software. Don't lie. And steer clear of General Atlantic Partners and Greylock The last bit... What are some VC firms to steer clear of today? Asking for a friend.
- ackbar03 6y agoSoftbank? If they invest in you than you probably know you have a flawed business model
- fakedang 6y agoI don't think it's that you have a flawed business model. If you look at it, Softbank invests in monopoly-reliant businesses, usually at a later stage. For an investor, monopolies are good in the software space, but they turn sour once you go into the real world, where overheads and incumbent competition are much more significant.