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They've got a terrible, terrible product. Not sure they would have received anything from a Silicon Valley VC.
by thepangolino 5y ago
They've got a terrible, terrible product. Not sure they would have received anything from a Silicon Valley VC.
- jacquesm 5y agoThat's not how it works. In SV they would have received 10fold the funding that they received in Europe. As a result, most likely they would have had a better product.
- tormeh 5y agoNot so sure. Why compete with Google by trying to do exactly the same thing, but worse? It's a shitty business plan. Might even be too shit for SV.
- raverbashing 5y ago> trying to do exactly the same thing, but worse You mean launching Google when we have Altavista? Launching FB when we have LiveJournal? (I mean at founding/initial version level, of course they became better than their competition, but that took time) The sad part about this is that $8Mi is peanuts.
- kmlx 5y ago> You mean launching Google when we have Altavista? google was miles ahead of altavista. > Launching FB when we have LiveJournal FB was miles ahead of LiveJournal. —- a trend appears…
- raverbashing 5y agoNot at their beginning they weren't. Google wasn't better than AV after their first investment. FB wasn't even public at first, but School/University only.
- dantheman 5y agoThey had different ideas / approaches.
- sekh60 5y agoEven Juicero raised money.