curious what actually happens when a failed startup “burns through” a billion dollars a bunch of it goes to salaries → rent & those people’s expenses a bunch of it goes into marketing, some of which goes to the platforms (Google, FB), and the broader ecosystem what else
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In Quibi’s case it was commissioning content made for mobile devices. Is any of it good? Can it be repurposed or reused?pic.twitter.com/JztOdU4CxV
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tangentially thinking about whale fallspic.twitter.com/SRPKmGopD9
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one of my personal pet peeves is how, for eg, a startup might raise funding, and then pay some content marketers to research and make content, and then when the startup shutters, the site and blog go down and most of the content is never recovered. such short term thinking, waste
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visa is doing final edits (99.4%) ✍🏾 📖 Retweeted Brian Edwards
I think a noble principle upon undertaking any endeavour is to make sure that your carcass benefits the broader community as much as possible when you die. Thinking now about Tom Lehrer making all his stuff public:https://twitter.com/brianftang/status/1318619494949015554 …
visa is doing final edits (99.4%) ✍🏾 📖 added,
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visa is doing final edits (99.4%) ✍🏾 📖 Retweeted Tren Griffin
Ok so this is interesting. It’s still possible that there’s a lot of good content that was produced that will come to light not too long from now. Kind of like a grandiose act of patronage. The incentives do seem aligned to encourage the producers to create good content?
https://twitter.com/trengriffin/status/1319353828827774977 …visa is doing final edits (99.4%) ✍🏾 📖 added,
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yeah, this is a noble thing
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