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A comment on Facebook, TipJoy, the Deal that Didn’t Happen and the Hire that Did. Parent comment
The founders have themselves said that they have little traction, and 3rd party payment services will not add much value.
> domain name
Doesn't matter, when brand name isn't useful
> Existing code base
Its takes significantly less time to build it the next time.
> Registered users
Facebook has 250 million users! <1% cant matter anyway.
Investors own the company, not the employees--even if they are founders.
The founders have themselves said that they have little traction, and 3rd party payment services will not add much value.
> domain name
Doesn't matter, when brand name isn't useful
> Existing code base
Its takes significantly less time to build it the next time.
> Registered users
Facebook has 250 million users! <1% cant matter anyway.