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"A piece of software to build eCommerce websites that takes a portion of revenue." doesn't sound like a long-term sustainable business? The Viaweb crew took an
by debacle 14y ago
"A piece of software to build eCommerce websites that takes a portion of revenue." doesn't sound like a long-term sustainable business?
The Viaweb crew took an exit - a good exit, in my opinion - but their business model was sound, profitable, and strong.
- davidw 14y ago> The Viaweb crew took an exit - a good exit, in my opinion - but their business model was sound, profitable, and strong. Seems that way to me too. But they opted for an exit, rather than deciding to work at it long term. I think the world is better off with YCombinator, rather than some evolved form of Viaweb, myself, but the point was merely that for them, not doing something "long term" is not a failure.