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1. dansup (dansup@mastodon.social)'s status on Wednesday, 06-Apr-2022 14:45:20 UTC dansup

   “Since we took external investment we need a liquidity event.” – GitLab

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   • Aral Balkan (aral@mastodon.ar.al)'s status on Wednesday, 06-Apr-2022 14:45:20 UTC Aral Balkan

     in reply to

     @dansup When you take VC, you sell the company. No ifs, no buts. We keep getting surprised as the sale usually just takes several years to complete. C’est la “exit”.

     This is why VC investment is incompatible with sustainable businesses with social missions. And why I keep harping on about how we must support projects that benefit the commons from the commons (https://ar.al/notes/encouraging-individual-sovereignty-and-a-healthy-commons/)

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