@feditips @aral @Gusted @dachary @humanetech @jwildeboer
Effects of VC money on one project I worked on:
The VC explained that their investors expected a return on their investment that was larger than what they could get from safer investments,. They got the project to spend money on facilities and sales and marketing people. Then they decided they would not get enuf profits so they cut them off, but because of the VC-led ongoing expenses, the project was unsustainable and folded.