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A comment on Snapchat raised $1.8B in a Series F round. Parent comment

Re:Snapchat raised $1.8B in a Series F round by argonaut on Thursday May 26, 2016 @07:01PM (#11782387)
Yep. That's why they're actually even worse off. All else equal, the more employees a company employs, the worse of an investment it is, because costs are greater.
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Re:Snapchat raised $1.8B in a Series F round by gjolund on Thursday May 26, 2016 @07:13PM (#11782455)
As a business they might be less profitable, but as a society we benefit more from their existence.
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Re:Snapchat raised $1.8B in a Series F round by argonaut on Thursday May 26, 2016 @09:11PM (#11783164)
Now you're just moving the goalposts. VCs are out to maximize profit. If startups were funded by the government you would have a basis for complaining about how societal benefit is not being maximized.
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