This is why indie tech—which is about creating sustainable, long-term businesses—is fundamentally & irreconcilably incompatible with VC.
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We have a roadmap for creating independent tech that protects freedom, human rights, and democracy. It's called the http://ind.ie/manifesto
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@aral And remember, venture capitalists are NOT your friends. - End of conversation
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@aral: A venture capitalist doesn’t invest in the business, they invest in the exit. Understand this & you’ll understand venture capital.”Thanks. Twitter will use this to make your timeline better. UndoUndo
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@aral: A venture capitalist doesn’t invest in the business, they invest in the exit Understand this and you’ll understand venture capital.”Thanks. Twitter will use this to make your timeline better. UndoUndo
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@aral Nailed it. I don't think it leads to a good use of human potential and I still need convincing that it's a net positive for business.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@aral Sigh. I've been a n00b about this. Reckon we just experienced the exit strategy for a certain location bookmarking app...Thanks. Twitter will use this to make your timeline better. UndoUndo
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@aral @monteiro It's kinda like getting a girlfriend specifically to marry her off to your brother: not conducive to a sound relationship...Thanks. Twitter will use this to make your timeline better. UndoUndo
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Most. RT
@aral: A VC doesn’t invest in the business, they invest in the exit. Understand this and you’ll understand venture capital.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@aral@leashless we should all join#ello and go on indefinite content strike?Thanks. Twitter will use this to make your timeline better. UndoUndo
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@aral@leashless Sounds exactly like cancerThanks. Twitter will use this to make your timeline better. UndoUndo
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@aral ..and exit with PROFIT or else!!Thanks. Twitter will use this to make your timeline better. UndoUndo
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@aral: A venture capitalist doesn’t invest in the business, they invest in the exit.” Sooo Ello should be poison.Thanks. Twitter will use this to make your timeline better. UndoUndo
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@GarethWong totally agree. There must be a solution somewhere ...what might that be?@aralThanks. Twitter will use this to make your timeline better. UndoUndo
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@aral@maradydd That's why Clinton-era threat to break up Microsoft trashed VC funding for software startups for a few years.#ThanksAlGoreThanks. Twitter will use this to make your timeline better. UndoUndo
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