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The problem is that the money and safety (which investors love) provided by “recurring sources of revenue” are too strong to counter with market forces alone.
by falcolas 5y ago
The problem is that the money and safety (which investors love) provided by “recurring sources of revenue” are too strong to counter with market forces alone.
Kinda like how the money and safety provided by monopolies can’t be corrected by market forces either.
- AlexandrB 5y ago> The problem is that the money and safety (which investors love) provided by “recurring sources of revenue” are too strong to counter with market forces alone. There are two markets: the market of customers who might buy your product and the market of VCs who might want to fund your startup. Lately the latter has been making most of the decisions. It's nearly impossible for a bootstrapped startup to compete against products sold at a loss with VC backing.