I said sure, I'll take a call. He seemed like a nice guy, with a decent track record doing this for other sites. But when I shared my traffic stats with him (just shy of 0.5 mil visitors/year at that point, same as now) he sounded deflated and I never heard from him again.
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VCs want ROI (hence Buzzfeed etc), which means giving up on a discovery/exploration mission for chasing a slice of a shrinking advertising dollars pie, while crowdfunding capital demands returns in the form of Tribal Capital. It is no accident that Patreon is a set of tribes.
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This leaves the "stay amateur" option. Which means expanding and growing operations ONLY at the rate at which automation increases your leverage, without having to deal with creeping managerialization. A sort of slow-food, never-run-a-deficit bootstrapping mentality.
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This is not about minimizing financial risk. It's about minimizing risk to creative processes. Maintaining the freedom to be in discovery mode, and maybe write/publish stuff that only 4-5 people will get. It means never having a "sales quota" mindset of "3 viral hits a month."
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This is why I can afford to publish stuff for no other reason than that I personally like it and think it explores interesting new thought spaces. Like this piece by
@nolangray_ that is one of my favorite pieces to come out of the blogging coursehttps://www.ribbonfarm.com/2017/02/07/shift-register-code-breaking-out-of-the-echo-chamber/ …Show this thread
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