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> Can you really not think of any examples where VC capital has improved a company, product, or service? I honestly can’t, do you mind sharing a few examples t
by arepublicadoceu 5y ago
> Can you really not think of any examples where VC capital has improved a company, product, or service?
I honestly can’t, do you mind sharing a few examples to prove your point?
I have a long list of “stopped using because went to shit after VC was injected”
1. WhatsApp and Facebook relation
2. Twitter and the loss of control over my feed
3. Spotify and the podcasts shenanigans
4. Dropbox and their assholery against free users
5. Evernote and their assholery against free user, increasingly useless redesigns and lack of improvement on the basics
Etc.
- stickfigure 5y agoWere any of these companies bootstrapped? Weren't they all investor-funded creations from the start?
- absolutelymild 5y agoTwitter had a venture led Series A in July 2007 https://techcrunch.com/2007/07/29/more-information-on-that-secretive-twitter-financing/ https://techcrunch.com/2007/07/29/more-information-on-that-s...
- mbesto 5y agoSurvivor bias at its finest. Dropbox, Spotify, and Twitter all used VC money to launch/improve their product. Just because you don't specifically like the traunch of VC money that was used prior to IPO doesn't mean all VC is blood-sucking. There are countless examples of products people use that have had some form or shape. In fact, I'd argue there are rarely apps that anyone uses here on a regular basis that didn't have some form of VC money injected into them. The only one that comes to mind is (1) Basecamp (but technically they took money from Bezos) and (2) Atlassian pre IPO (now public).
- deleted 5y ago[deleted]
- pgwhalen 5y agoI’m confused about what the point is here. Isn’t every single one of these companies venture capital funded?