4 ms·
This is an entertaining story, at most. The pursuit of round after round of funding that Eric - and many other entrepreneurs, surely - are striving for is conce
by tannerc 14y ago
This is an entertaining story, at most. The pursuit of round after round of funding that Eric - and many other entrepreneurs, surely - are striving for is concerning. What ever happened to the pursuit of a savvy business that brings in real profit? The hunt for funding needs to be replaced with a hunt for sustainability.
Am I wrong for believing that?
- freshhawk 14y agoI agree that it is concerning. The worst part is that I've seen attiudes subtly shift away from real entrepreneurial spirit and towards a "how do we make ourselves attractive to patrons" attitude. It's a pragmatic choice, if you are going to be the subject of patronage and treated as such then you don't work on building a business you work on pleasing the patron so he and his friends will keep giving you money. It's an unintended consequence of the very healthy VC/Angel ecosystem and consumer internet sites that are hard to monetize but still valued by the public. Maybe it's just a weird blip and not a big deal. But it's a direction that strikes me as unhealthy.