As VC money dries up for platforms they become even more of a liability to be entangled in. Now’s a good time to opt out of proprietary ones, be they unicorns or donkeys https://world.hey.com/dhh/the-bubble-has-popped-for-unprofitable-software-companies-2a0a5f57 #freesoftware #opensource #technarok
The bubble has popped for unprofitable software companies
We've often been accused of being unambitious with Basecamp. Why didn't you just raise a bunch of venture capital and go for The Big Time? Why were you taking profits when you could have invested in growth? Don't you want to own a unicorn? Don't you want to be a billionaire?! This is the Silicon Valley way. Ride the big money to the mo...