3 ms·
The outcome of venture funded business models. Before this, we solved a problem for customers and collected a markup or fee. And now the problem we solve is 'wh
by bravoetch 2y ago
The outcome of venture funded business models. Before this, we solved a problem for customers and collected a markup or fee. And now the problem we solve is 'when can VC get their money?'. There's no incentive to solve problems for anyone except VC, and you have to convince the customer to give up money, or attention (for growth!). Until this changes, we end up with 'what's for dinner' apps that do almost nothing while wanting an annual subscription fee. Funny to see people posting 'but servers cost money'. That problem is created by the app.