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Items tagged with: vc


It’s the process I don’t trust because I know how venture capital works and I’m pretty sure you do too (at least I hope you do or you’re in for a rude shock. I don’t say that sarcastically either, I’ve actually met founders who didn’t know what they were giving up by taking VC.)

So, assuming you know how VC works, what’s the return on investment your investors expect for $8M? In other words, what’s the exit you promised them in exchange for $8M?

#ventureCapital #vc #penPot


OK, so I just got an email saying @penpot just got $8M in series A.

Last I raised concerns about their funding (https://mastodon.ar.al/@aral/107213277312042632), @diacritica assured me “you won't see any VC” (https://fosstodon.org/@diacritica/107223795756458412)

Well, this sure looks like VC to me.

Folks investing $8M are going to want a billion-dollar exit. So who’s that exit going to be to (Adobe’s already full, is Google hungry for a design tool?) Or do they plan on going public?

#vc #ventureCapital #BigTech #exits #openSource #penPot


Accused of Cheating by an Algorithm, and a Professor She Had Never Met

https://inkl.com/a/JJmvortMRAM

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"And even though the internet is already mostly bots, we’re only just beginning to see the Bot Age take shape. According to the market-research firm CB Insights, more than a dozen venture-capital-backed bot startups raised their first round of funding last year."

- #, 2017

https://www.theatlantic.com/technology/archive/2017/01/bots-bots-bots/515043/

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