Aral BalkanJul 16

A little reminder that DuckDuckGo is venture capital (VC) funded.

The way VC works:

1. You get VC
2. You grow as fast as you can (or fail fast)
3. You sell (either to a larger corporation or to the public in an IPO; this is called the “exit”)

(In case any of you are surprised by recent/future developments.)

#DuckDuckGo #ventureCapital #VC #BigTech #capitalism

Show threadAral BalkanJul 16

This is the Silicon Valley “startup” model. Startups are not long-term sustainable businesses or small businesses. A startup is a temporary business designed to either grow exponentially and exit (sell) or to fail fast.

#startups #ventureCapital #VC #BigTech #SiliconValley

Show threadGrey the earthling
@aral It's designed to be a firework, not a campfire. Don't rely on it to keep warm.
Jul 17 at 8:14amWeb