3 ms·
> So a VC-funded company expected to produce unicorn returns is going to accomplish this when non-profits haven't? Business accomplishes something non-profits
by mustache_kimono 3y ago
> So a VC-funded company expected to produce unicorn returns is going to accomplish this when non-profits haven't?
Business accomplishes something non-profits haven't isn't exactly a stop the presses event?
- password4321 3y agoI clearly failed to sufficiently emphasize the VC unicorn part enough, my bad. Polar is a Stripe/Square for GitHub issues, expected to charge enough fees to pay for a portfolio of failed startups and still make their investors money.
- bogwog 3y agoI wonder what enshitification will look like if this business survives? Higher fees, something to do with advertising, crypto/NFT bullshit, garden walling/API restrictions, etc... History has shown these types of things are 100% inevitable with these types of businesses if they manage to survive, so it's smart to think about them well in advance and have an exit strategy if you decide to depend on them.
- birk 3y agoAnswered another comment re: enshitification here: https://news.ycombinator.com/item?id=36755232 https://news.ycombinator.com/item?id=36755232
- mustache_kimono 3y agoI think this is a fair critique. I have my own -- "This is why this won't work..." take, and I must admit that it's a VC funded startup does make this seem less viable. It's only that I think exactly the same re: FOSS non-profits.