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> "Instead of filling their niches and quietly making a small number of employees very wealthy, they try to become these massive institutions that are reliant o
by potatolicious 14y ago
> "Instead of filling their niches and quietly making a small number of employees very wealthy, they try to become these massive institutions that are reliant on very fickle user bases. It's a house of cards."
The problem is that Twitter, Digg, et al took a buttload of VC money, and quietly making a dozen employees rich is not an acceptable ROI.
- beedogs 14y agoTo be fair, it's at least partly the VC's fault for not thinking rationally about what they were investing in.
- ricardobeat 14y agoRest assured that they think very rationally about investments. They just have different priorities.