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> Taking in that sort of money raises the stakes dramatically. Nobody loans you a billion dollars to build a $50 million/year business. That was OzzyB's origin
by jdbernard 14y ago
> Taking in that sort of money raises the stakes dramatically. Nobody loans you a billion dollars to build a $50 million/year business.
That was OzzyB's original point: Twitter should not have taken big VC money. They took too much money. From his first post:
> someone promised the moon to a bunch of financiers and now they have to deliver above and beyond of what Twitter could have been, or should have just been.