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?
[ Parent
| on HN ]
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!
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.
How to start a business starting businesses that start businesses, you say?
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.