If you are a VC and one of your investments is doing this then next time why wouldn’t your investors cut out the middleman (i.e. you) and go straight to them?
Unicorns are setting up their own venture capital funds
61–70 of 86 posts
Re: Unicorns are setting up their own venture capital funds
#62Earlier quoted context omitted.
Microsoft knew all about Google Yahoo knew everything about Google Google knew everything about Facebook Intel knew everything about ARM Yet disruption ensued. “Can’t be disrupted” is foolish.
Facebook knew everything about Snapchat, and they are currently crushing them. Microsoft at their core also wasn't disrupted by Google. Google at their core also wasn't disrupted by Facebook. They're all tech giants in the same (broad) industry, but they have widely varying products. Competitive BI certainly has its merits if you are trying to stay at the top of your field.
Off the top of my head, Facebook is, indeed, the only giant I can think of that has not yet been disrupted; snap is indeed being crushed.
And, wrt the article, it’s not VC that gave Facebook the BI they needed to know it is happening, but rather Onavo - a BI/Spying startup masquerading as a vpn/compression suite, which Facebook purchased and which gave them insight into what their mobile users do on the internet other then facebook
It’s not illegal, but it should have been.
Re: Unicorns are setting up their own venture capital funds
#63Earlier quoted context omitted.
Venture beyond the top 100 on coinmarketcap and you'll see some products that benefit from using a blockchain than not.
I've tried that and didn't find anything.care to share some examples?
Re: Unicorns are setting up their own venture capital funds
#64Earlier quoted context omitted.
Facebook knew everything about Snapchat, and they are currently crushing them. Microsoft at their core also wasn't disrupted by Google. Google at their core also wasn't disrupted by Facebook. They're all tech giants in the same (broad) industry, but they have widely varying products. Competitive BI certainly has its merits if you are trying to stay at the top of your field.
Off the top of my head, Facebook is, indeed, the only giant I can think of that has not yet been disrupted; snap is indeed being crushed. And, wrt the article, it’s not VC that gave Facebook the BI they needed to know it is happening, but rather Onavo - a BI/Spying startup masquerading as a vpn/compression suite, which Facebook purchased and which gave them insight into what their mobile users do on the internet othe…
> Facebook is, indeed, the only giant I can think of that has not yet been disrupted
It's also still the youngest one of them, but yes, for a company in the social networking space they've showed a lot of staying power (they could've already fallen to what could've become out of independent WhatsApp & Instagram). Facebook (and Google) only exist as they do today because an acquisition by Yahoo didn't happen, and I think they've internalized that.
Re: Unicorns are setting up their own venture capital funds
#65Earlier quoted context omitted.
Ah, the "there has to be a pony in there somewhere" [1] theory. Am I going to look at every MLM scheme or perpetual motion machine to explain in detail why this new one is just as bad as the rest? No. I looked at a bunch, formed a general impression and a reasonable theory as to why they're all bunk, and have stopped wasting my time. If somebody has a specific one that they'd like to argue is different I'm willing to…
No, I'm merely saying you are uninformed and ignorant. That's all. If you aren't an expert don't bother postulating. We aren't here to do the research for you. Is Brendan Eich a scammer? Nope.
Ah, now we're on to insults, plus the "great man can't be wrong" theory.
Eich's a smart guy, no doubt, but that's not proof against error.
Re: Unicorns are setting up their own venture capital funds
#66Earlier quoted context omitted.
If you want to make a case for blockchains, maybe you shouldn't lead with the proven pyramid schemes that are ICOs? "They ripped off over 5 billion dollars in cash, that means it's not a bubble." Well, doesn't that actually tell you the opposite? That people threw money at obvious scams just because the scams used fancy technology and a buzzword?
And maybe you shouldn't lead with a generalization. Not all of them were scams.
Like perpetual motion machines, some are scams and some are just run by sincere fools. And it's entirely possible that there are some real businesses run by smart people who needed funding and the blockchain bits are just window dressing. So not scams, exactly, but more the kind of marketing fraud that, in the marketing world, barely counts as fraud at all.
If you have proof that one of them is a) a real business, b) is likely to succeed, and c) is using a blockchain in some way where it's both necessary to the business and superior to other ways to store and verify data, then please share it. Otherwise you're the one making hazy, unsupported general statements.
Re: Unicorns are setting up their own venture capital funds
#67Earlier quoted context omitted.
Microsoft knew all about Google Yahoo knew everything about Google Google knew everything about Facebook Intel knew everything about ARM Yet disruption ensued. “Can’t be disrupted” is foolish.
Facebook knew everything about Snapchat, and they are currently crushing them. Microsoft at their core also wasn't disrupted by Google. Google at their core also wasn't disrupted by Facebook. They're all tech giants in the same (broad) industry, but they have widely varying products. Competitive BI certainly has its merits if you are trying to stay at the top of your field.
Microsoft was definitely disrupted by Google: by Android. Everyone used to have a Windows PC on their desk, now everyone has an Android smartphone in their pocket. Discounting the affluent minority of Mac and iOS users of course...
Windows used to be at the very heart of Microsoft strategy. They seem to have successfully managed to pivot away from it, but I still call that being disrupted.
Re: Unicorns are setting up their own venture capital funds
#68Big tech companies will do anything to avoid paying out more dividends.
Re: Unicorns are setting up their own venture capital funds
#69Earlier quoted context omitted.
No, I'm merely saying you are uninformed and ignorant. That's all. If you aren't an expert don't bother postulating. We aren't here to do the research for you. Is Brendan Eich a scammer? Nope.
Ah, now we're on to insults, plus the "great man can't be wrong" theory. Eich's a smart guy, no doubt, but that's not proof against error.
You put zero effort into your comments. That is insulting.
You asked for an example and I wasted my time giving you one.
Re: Unicorns are setting up their own venture capital funds
#70Earlier quoted context omitted.
And maybe you shouldn't lead with a generalization. Not all of them were scams.
Like perpetual motion machines, some are scams and some are just run by sincere fools. And it's entirely possible that there are some real businesses run by smart people who needed funding and the blockchain bits are just window dressing. So not scams, exactly, but more the kind of marketing fraud that, in the marketing world, barely counts as fraud at all. If you have proof that one of them is a) a real business, b)…
I'm attacking the part of your argument that it's a scam based on your own limited knowledge.
You then respond by asking me to present proof to you as if your own ignorance is somehow compelling.