Business 2.0 Beta
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Saved by 3 people (0 private), first by anonymouse user on 2007-02-27
- Illah_tech on 2007-02-28 - Tags no_tag
- Tacanderson on 2007-02-27 - Tags startup , web2.0
- Liveink on 2007-02-27 - Tags vc
Public Sticky notes
So there you have it: Forget all the nonsense about providing capital for growth and creating great companies. Today's venture capital is just an elaborate protection racket, making sure no one breaks your startup's virtual kneecaps. And the best part? It's completely legal.
Highlighted by liveink
It's a well-established truth of today's Silicon Valley that startups don't really need venture capital. The triple-A business model of "Ajax, AdSense, and arrogance" provides most consumer Web startups with enough revenues, courtesy Google's (GOOG) advertising network, to get by.
Highlighted by tacanderson
Public Comment