3 ms·
> a world where the Bandcamp founders would need to sell out in order to have am assured secure life for themselves and offspring. "need" is a bit twisted, i'm
by lapinot 3y ago
> a world where the Bandcamp founders would need to sell out in order to have am assured secure life for themselves and offspring.
"need" is a bit twisted, i'm not sure anyone "needs" a million or so. If they really wanted to get out of it and keep it nice they most likely could have set up a non-profit or something, raised some money from the community and probably still get a small rent in some way. Also it's not like the CEO of such a company (smallish but still) is strapped on cash already.
> But they did sell out.
That's it.. There's no excuse and as you said, everyone knew this kind of constant downhill had a very high probability to happen. They definitely took the 90% chance coin-flip to hose the community and get "an actual bit of capital" much of money.