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A comment on Jetbrains founders turn billionaires without VC help. Parent comment

Re:Jetbrains founders turn billionaires without VC help by ce4 on Friday December 18, 2020 @07:28AM (#25466417)
Well, there's values that differ by countries. I've seen a few old family run businesses being sold off to US VCs and things didnt turn out well often:

- customers got screwed over

- same with employees

- quality "optimizations"

- financial engineering

- founder's longterm values abondoned for quarterly gains

Not taking VC cash is a more traditional take on things elsewhere.

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Re:Jetbrains founders turn billionaires without VC help by ce4 on Friday December 18, 2020 @07:32AM (#25466438)
Stuff like this:

https://www.nytimes.com/interactive/2019/05/01/magazine/remi...

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Re:Jetbrains founders turn billionaires without VC help by sidlls on Friday December 18, 2020 @10:20AM (#25467890)
Not taking VC cash is a more traditional take on things here in the US, too. The VC cash/investment money chase is really only a thing in tech circles, and a few other niche areas. The vast majority of businesses simply build "organically" (and most die doing it).
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