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notdevin
@notdevin.eth
Revenue will almost certainly make you more money than VC funding will ever will, unless you’re Ryan breslow. If you have a long term perspective then these two are often at odds, go with revenue and you’ll learn far more
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Abubakar🎩
@bigbenz
Even though you might be right, how do you convince a project to ignore a readily available huge VC funding to an uncertain generated revenue ?
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notdevin
@notdevin.eth
🤷‍♂️ same way you walk by a donut shop and don’t rush in and binge yourself to death. Discipline and self control are very undervalued, especially by VCs 😂
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notdevin
@notdevin.eth
There’s nothing wrong with taking it, learning something’s, building a business, selling it. Do that, if that’s what you want to do and you have an option, maybe take it. If you want to build and amazing thing, service, whatever, then a monetary shortcut mostly seems to hinder or become mutually exclusive to such endeavors. What’s the right choice for you to make is dependent upon a lot of things much more personal, not my quasi rant above. Why I vocalize the views I do, is because I don’t believe we need more cheesedick VC funded software that doesn’t actually serve customers that well, and appears a lot more like digital detritus to me than value creation. Build a mediocre thing for 2-4 years, sell to bigger company that’s actually just an acqui-hire, they never integrate the product and instead just kill it. You make money, you learn some incorrect lessons for how to make any real product, but you do learn the VC and corporate game so you could keep that machine going
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Abubakar🎩
@bigbenz
I totally agree with you💯 The Vc funding approach has brought about so many short term mediocre projects that have added little to no value, and the cycle goes on and on The problem here is clear, but for builders to prioritize generated revenue, there must be a massive upgrade in value creation/addition Now, are the builders motivated enough to prioritize long term value creation to short term money making schemes ?
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