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"does every new web business need to be Facebook-scale these days to be worthwhile?" To a VC yes. That's the business model of their fund. I think if Everpix h
by slykat 13y ago
"does every new web business need to be Facebook-scale these days to be worthwhile?"
To a VC yes. That's the business model of their fund. I think if Everpix had attracted a different class of investors they might have been more successful fundraising.
- teleclimber 13y agoExactly. Everybody always talks about getting VC funded, but there are plenty of good money-making businesses that a VC wouldn't touch but that could be great for a smaller investor. Usually these businesses charge for their products and have demonstrated that people are willing to pay.