3 ms·
Donations, subscriptions, tshirts? There are many alternatives, none perfect (otherwise everyone would be doing it), but enough to generate income of the compa
by lobotryas 12y ago
Donations, subscriptions, tshirts?
There are many alternatives, none perfect (otherwise everyone would be doing it), but enough to generate income of the company is willing to use a "combined arms" approach.
- dchuk 12y agoDonations and t-shirts probably aren't going to be enough to make the investors happy AND keep the whole operation afloat. Investors don't want to just break even, they want to see a big multiple return on their investment.
- 67726e 12y agoHow do you know the investors' motivations and desires? They could just be trying to topple Facebook, as batshit as that may sound.
- michaelchisari 12y agoWhen even companies like Facebook and Twitter have revenue concerns, I think Ello has an extraordinary task ahead of it. I'm not saying it's impossible, they could probably find a way to become a break-even business easily, but taking venture capital puts a lot of added pressure on them.