Post AYtZdEssV2ZrFyoz8C by christian@aldr.social
(DIR) More posts by christian@aldr.social
(DIR) Post #AYr6Ri7ig0rlTlzhJI by aral@mastodon.ar.al
2023-08-18T11:50:37Z
1 likes, 0 repeats
Do I want it? ↓Is it by a startup? ↓ No.(A ‘startup’ is not just any new small business. It’s a temporary venture capital funded company that must either fail fast or exit. An exit is where you’re either bought by Big Tech or become Big Tech through an IPO. To understand this better, if you have a sustainable small company, a startup is what will put you out of business.)#startups #SiliconValley #ventureCapital #vc #SurveillanceCapitalism #PeopleFarming
(DIR) Post #AYr6RjqmFyVCpo5CBE by aral@mastodon.ar.al
2023-08-18T11:54:32Z
1 likes, 0 repeats
PS. They won’t necessarily put you out of business because they have a better product or anything like that. They will put you out of business because they have a minimum of $5 million to burn to undercut you and starve you out.#startups #SiliconValley #ventureCapital #vc #SurveillanceCapitalism #PeopleFarming
(DIR) Post #AYr6U0Qla8TYpxzuiG by t0k@social.tchncs.de
2023-08-18T11:53:43Z
0 likes, 0 repeats
@aral Is this a generally accepted meaning of 'startup'? I always thought the term refers to any type of new company, but have no clue.
(DIR) Post #AYr6U1R9qANnxTBjxg by aral@mastodon.ar.al
2023-08-18T11:57:31Z
1 likes, 0 repeats
@t0k People do, wrongly, use it to refer to any type of new company. And that’s just great as far as Silicon Valley and venture capitalists are concerned. They know what a real startup is but if there sustainable, ethical companies that self-identify using the term, that’s great for the brand. They can turn to those and say ‘look, not all startups are toxic, extractive, exploitative ventures…’ So it helps them a lot in resisting regulation…
(DIR) Post #AYr6U399U5AVGCmOAq by aral@mastodon.ar.al
2023-08-18T11:58:13Z
1 likes, 0 repeats
@t0k … But would they ever invest a single cent in such a company? No, never.If you want to know what is and what isn’t a real startup, just look at what Silicon Valley and venture capitalists invest in and what they don’t.
(DIR) Post #AYramrpInGpMHKNrBQ by meeper@outerheaven.club
2023-08-18T18:26:06.176442Z
0 likes, 0 repeats
@aral the word startup is an immediate red flag
(DIR) Post #AYtZcupJ4bpx36zqmu by christian@aldr.social
2023-08-19T14:02:13Z
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@aral @t0k That's interesting to know, thanks. I was wrongly thinking any new company was termed a startup (Even referring to my own attempts as such - luckily only said in my own head, not to others 😅)
(DIR) Post #AYtZcwa8XytIUdulQ8 by aral@mastodon.ar.al
2023-08-19T14:45:54Z
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@christian @t0k If you don’t have VC and aren’t trying to grow as large as possible while screwing people over by mining them for their data and engaging in other extractive and exploitative practices, then, no, you’re not a startup. You’re way better than a startup. So, yes, you don’t need to legitimise their toxic funding and business model with your business. Hopefully, you’re a stayup :)
(DIR) Post #AYtZd60hUaUFjdPbZg by christian@aldr.social
2023-08-19T15:12:40Z
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@aral @t0k Yep absolutely no plans to screw people over or exploit them - heck, I don't even want to grow super large, ideal if it stayed just just my partner and myself 😅Will start referring to it as Stayups instead of startup from now on 😊
(DIR) Post #AYtZdA907fVGYXKI4G by khoi@mas.to
2023-08-19T16:08:03Z
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@christian @aral @t0k 😂
(DIR) Post #AYtZdEssV2ZrFyoz8C by christian@aldr.social
2023-08-19T16:34:21Z
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@khoi @aral I suppose to someone that loves startups (Judging from your banner) the idea of wanting to not screw people over or stay small'ish is funny? 🤔
(DIR) Post #AYtZdFWa7QKvF7Oh16 by khoi@mas.to
2023-08-19T16:47:16Z
1 likes, 0 repeats
@christian @aral oh no. I support bootstrapping and growing sustainably. It’s the term “stayup” I found funny.