News for hackers. Stuff that matters.
Re:Reddit raises $410M in new funding by koolba on Thursday August 12, 2021 @09:56PM (#28164404)
So they can raise more VC. Seriously, what part of this don’t you understand?
Re:Reddit raises $410M in new funding by umvi on Thursday August 12, 2021 @10:26PM (#28164641)
Sort of reminds me of this girl I see on Facebook. She is an "entrepreneur". Her business? Helping other people start their own businesses! Yes, but what kind of business is she helping them start? Same as her own business - paid training sessions on how to start a business!
Re:Reddit raises $410M in new funding by dlandis on Thursday August 12, 2021 @11:13PM (#28164979)
Yeah, I know someone who did the exact same thing. I guess it's similar to a pyramid scheme in that the more people you "coach" or "mentor", the bigger your personal brand will get and the more opportunities you will get.
Re:Reddit raises $410M in new funding by soluproj on Thursday August 12, 2021 @10:50PM (#28164831)
How to start a business starting businesses that start businesses, you say?
Re:Reddit raises $410M in new funding by sb057 on Thursday August 12, 2021 @11:18PM (#28165011)
Sounds like a rather cannibalistic model if you ask me.
Re:Reddit raises $410M in new funding by Seattle3503 on Thursday August 12, 2021 @11:15PM (#28164993)
Because VC loves giving money to companies with no real plan.
Re:Reddit raises $410M in new funding by ultimoo on Thursday August 12, 2021 @10:21PM (#28164590)
indeed the virtuous cycle of our times