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2024-09-07 06:57:33 UTC
in reply to

Russell Keith-Magee on Nostr: If that *is* the play, then it’s a master stroke of getting VC money to do what ...

If that *is* the play, then it’s a master stroke of getting VC money to do what *we* need, not what *they* want. I just find it hard to believe that “we’ll be a loss leader so your other investments succeed” is an actual investment pitch. Or, they’re pitching a services business, which traditionally VC’s get bored with because they can’t 1000x.