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this is the first sign of desperation from the VC world. the historical trends of the capital requirements of developing an "application" are becoming so low t
by harvard_bum 19y ago
this is the first sign of desperation from the VC world. the historical trends of the capital requirements of developing an "application" are becoming so low that venture capitalists will soon become obsolete. the launch of the facebook platform was the nail in the coffin for VCs. power to the hackers.
- migpwr 19y agosettle down there fast guy... i wouldnt exactly call the facebook platform the nail in the coffin for VCs. this is also not desperation... they're testing the water, trying something new on the cheap. i think its a smart move.
- ivankirigin 19y ago> trying something new on the cheap. Indeed. There is little risk given the dollar value.