3 ms·
They were paying for the costs? Then they were the VC. Some of them actually grew to be huge and wealthy.
by mrtksn 4y ago
They were paying for the costs? Then they were the VC. Some of them actually grew to be huge and wealthy.
- makapuf 4y agoYou equate VC with tracking and then equate VC with anyone that provides money whatever the intention. By that logic, you imply that anyone providing money (including a mom for his 14yo son) will track everyone and gather a lot of stats and push an app ? Remember WhatsApp did cost a few bucks a year and was self sufficient, it was bought by fb not because of cost of operation but to ensure market share.
- pjc50 4y agome paying $5 to wordpress: i'm a venture capitalist now mom (seriously, this is a very silly way of using terms to cover extremely small amounts of capital)
- ValentineC 4y agoDid you mean paying for PHP site hosting instead, or paying to remove ads on the WordPress.com SaaS?
- mrtksn 4y agoThe size of the capital doesn't change the reality of the financial structure.
- mathgorges 4y agoI don’t think I understand the argument that you’re making. Are you saying that anyone that pays for anything is a venture capitalist? That doesn’t seem like a very useful definition, so I think I’ve misunderstood you ’:-)
- dym_sh 4y ago> «if you use money — you are a capitalist»