Re:WeWork sells Meetup
by imtringued on Wednesday April 01, 2020 @05:19AM
(#22746975)
Isn't that just consulting? Every project is unique. You don't benefit from having multiple customers for each project. I do understand that betting against overfunded startups can pay off but then it is not CaaS anymore.
You're basically doing the opposite strategy of VC investing. Instead of killing competition by picking a winner and giving that winner more cash than everyone else, you try to build a range of very resilient viable products that can survive until the VC backed startup runs out of funding.
It's quite interesting that one of my personal projects is basically doing just that (except it's non commercial). It is meant to be a replacement for a product whose startup has run out of funding.
You're basically doing the opposite strategy of VC investing. Instead of killing competition by picking a winner and giving that winner more cash than everyone else, you try to build a range of very resilient viable products that can survive until the VC backed startup runs out of funding.
It's quite interesting that one of my personal projects is basically doing just that (except it's non commercial). It is meant to be a replacement for a product whose startup has run out of funding.