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To: FoRK@xent.com
Subject: Re: An Engineer's View of Venture Capitalists
References: <Pine.LNX.4.33.0207182215180.6085-100000@watcher.mithral.com>
From: Karl Anderson <kra@monkey.org>
Organization: Ape Mgt.
Date: 19 Jul 2002 14:25:37 -0700
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"Adam L. Beberg" <beberg@mithral.com> writes:

> > VCs don't care about the success of the venture or the jobs of those
> > involved in it, they aren't "funding innovation" or stimulating growth
> > or fueling the economy.
> 
> Possibly replace "own" with "take from you ASAP with dilution". Their goal
> is to take what you have by any means nessecary and sell it to someone else
> for more then they paid within 7 years or less. That's what they do, nice
> and simple. Your based-on-GPL-thing gives them no way to do that, so you are
> irrelivant to the VC/investment world.

Interestingly, it was the VC that convinced Zope Corp. to go opensource.

-- 
Karl Anderson      kra@monkey.org           http://www.monkey.org/~kra/


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