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>How come 1Password needs the equivalent of 7750 years of $80k annual salary to build the same? It will go to all-expense-paid trips, consultancy fees and othe
by john_moscow 5y ago
>How come 1Password needs the equivalent of 7750 years of $80k annual salary to build the same?
It will go to all-expense-paid trips, consultancy fees and other things you need to eventually get acquired for $10B+ by one of the big players.
Or maybe, they will pivot, spend $300M on advertisement, so every grandma gets to know the brand name, and will then do an IPO, presenting it as the next opportunity of lifetime to the unsophisticated public.
This is how you make money in the post-2008 world. The actual old-school profitability has been out of the picture for quite a while now.
- ojr 5y agoSo correct but also post-2008 underrepresented founders need profits more than ever because they don't fit the narrative, applications like Canva being female-led and Calendly having a black male CEO are examples.