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Appreciate the honesty and transparency but sadly VC isn't chasing the profits from being a cloud- or app-server-provider. Looking at the profiles of the VCs wh
by pearjuice 4y ago
Appreciate the honesty and transparency but sadly VC isn't chasing the profits from being a cloud- or app-server-provider. Looking at the profiles of the VCs which participated in funding rounds, most of them are exit-oriented. A16z's portfolio proudly opens with "exits". Intel Capital is also very proud of their ~50% IPO or acquisition stat. Hopefully you can work on Fly forever but history has learned that probably won't be the case - and that's not judgemental.
- mrkurt 4y agoYou'll notice that the ones they feature most are IPOs. Which isn't the same as getting acquired. I'm not opposed to an IPO, I am opposed to get subsumed by a larger company.