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  1. Embed this notice
    Evan Prodromou (evan@prodromou.pub)'s status on Monday, 27-Feb-2023 10:54:58 JST Evan Prodromou Evan Prodromou

    So, a quick comment on VC-funded companies with products in the fediverse.

    My company, StatusNet, was venture funded. I don't know how we could have run identi.ca for so long for so many people without that funding.

    I think it's hard to get a 10x return in markets where open standards prevail. But I'm happy to see people try.

    As long as the fediverse remains diverse and competitive, and community, coop and family servers have a place, I'm not opposed to commercial companies participating.

    In conversation Monday, 27-Feb-2023 10:54:58 JST from prodromou.pub permalink

    Attachments

    1. Domain not in remote thumbnail source whitelist: identi.ca
      Welcome - Identi.ca


    • Embed this notice
      Evan Prodromou (evan@prodromou.pub)'s status on Monday, 27-Feb-2023 11:02:56 JST Evan Prodromou Evan Prodromou
      in reply to

      That all said, I 100% support people using the power of defederation whenever and however they see fit.

      Your freedom to decide who you want to associate with on this network is fundamental.

      In conversation Monday, 27-Feb-2023 11:02:56 JST permalink
    • Embed this notice
      Chris Trottier (atomicpoet@mastodon.social)'s status on Monday, 27-Feb-2023 11:03:47 JST Chris Trottier Chris Trottier
      in reply to

      @evan It’s hard to do anything without funding.

      Despite this, people get pissed off when the reality is stated bluntly.

      Many people get upset when I tell them that Mastodon and community admins require a way to fund their ventures. But people need to feed their families.

      In conversation Monday, 27-Feb-2023 11:03:47 JST permalink
    • Embed this notice
      Evan Prodromou (evan@prodromou.pub)'s status on Monday, 27-Feb-2023 11:03:47 JST Evan Prodromou Evan Prodromou
      in reply to
      • Chris Trottier

      @atomicpoet I'm really, really excited about cooperative models. I think we're moving in the right direction there.

      In conversation Monday, 27-Feb-2023 11:03:47 JST permalink
    • Embed this notice
      Evan Prodromou (evan@prodromou.pub)'s status on Monday, 27-Feb-2023 11:55:52 JST Evan Prodromou Evan Prodromou
      in reply to
      • Tim Bray

      Also, I totally think @timbray makes good points. We're pretty close on this, but not quite in agreement. Which is OK!

      In conversation Monday, 27-Feb-2023 11:55:52 JST permalink
    • Embed this notice
      Evan Prodromou (evan@prodromou.pub)'s status on Monday, 27-Feb-2023 14:02:48 JST Evan Prodromou Evan Prodromou
      in reply to
      • McNeely

      @McNeely At the time, Open Source startups were getting a lot of funding, so it seemed like a good choice for us.

      In conversation Monday, 27-Feb-2023 14:02:48 JST permalink
    • Embed this notice
      McNeely (mcneely@indieweb.social)'s status on Monday, 27-Feb-2023 14:02:50 JST McNeely McNeely
      in reply to

      @evan for a company building out standards what was the appeal of venture funding compared to other funding methods? I think it's the "expectation" of massive returns that is the massive turnoff (at least to me)

      In conversation Monday, 27-Feb-2023 14:02:50 JST permalink
    • Embed this notice
      Evan Prodromou (evan@prodromou.pub)'s status on Monday, 27-Feb-2023 14:07:38 JST Evan Prodromou Evan Prodromou
      in reply to
      • McNeely

      @McNeely it's also worth noting that crowdfunding really hadn't taken off yet. Diaspora* had the biggest Kickstarter to date when it started - $200K - a couple of years after I founded StatusNet.

      In conversation Monday, 27-Feb-2023 14:07:38 JST permalink
    • Embed this notice
      Evan Prodromou (evan@prodromou.pub)'s status on Monday, 27-Feb-2023 21:41:04 JST Evan Prodromou Evan Prodromou
      in reply to
      • clacke
      • McNeely

      @clacke @McNeely AGPL.

      In conversation Monday, 27-Feb-2023 21:41:04 JST permalink
    • Embed this notice
      clacke (clacke@libranet.de)'s status on Monday, 27-Feb-2023 21:41:05 JST clacke clacke
      in reply to
      • McNeely
      @evan @McNeely In addition to finding VCs that seem to get it, what poison pills and Ulysses pacts can founders employ to protect the founding goals of the company?

      Did you do any of that or did you rely on shared understanding and the integrity of the investors?
      In conversation Monday, 27-Feb-2023 21:41:05 JST permalink
    • Embed this notice
      Evan Prodromou (evan@prodromou.pub)'s status on Tuesday, 28-Feb-2023 00:32:56 JST Evan Prodromou Evan Prodromou
      in reply to
      • McNeely

      @McNeely I think I already answered your question, though. Is there something else you need to know?

      In conversation Tuesday, 28-Feb-2023 00:32:56 JST permalink
    • Embed this notice
      McNeely (mcneely@indieweb.social)'s status on Tuesday, 28-Feb-2023 00:32:57 JST McNeely McNeely
      in reply to

      @evan mostly I suppose I'm wondering what the benefit of VC funding vs something like a traditional business loan. I imagine there's less FINANCIAL risk in VC money at the expense of other potential influences.

      This was all in the early 2010s right? I'm sure the environment has changed a lot since when too.

      In conversation Tuesday, 28-Feb-2023 00:32:57 JST permalink
    • Embed this notice
      Evan Prodromou (evan@prodromou.pub)'s status on Tuesday, 28-Feb-2023 01:30:32 JST Evan Prodromou Evan Prodromou
      in reply to
      • Stefan Monnier

      @monnier well said!

      In conversation Tuesday, 28-Feb-2023 01:30:32 JST permalink
    • Embed this notice
      Stefan Monnier (monnier@oldbytes.space)'s status on Tuesday, 28-Feb-2023 01:30:34 JST Stefan Monnier Stefan Monnier
      in reply to

      @evan: I don't know how to avoid the centralization that plagues email, but I think a crucial element is for the Free Software community to develop tools to make it easy to run an instance without sysadmin experience.
      We can't hope to reach the convenience of something that someone else maintains (i.e. "register and then use blissfully unaware for the next 20 years"), but we need to aim to get as close as possible.

      Currently we have tolerable answers for "setup your own instance", but we need to deal with hardware failures, DoS attacks, regular upgrades, moving on to a new software when the old one is discontinued, managing quotas, new registrations, payment, ...

      FreedomBox is a good step in that direction, but it still mostly focuses on setup and upgrades, with no good answers for how to deal with the nastier parts: it's easy to find some free time to get started, but you don't get to choose when hardware fails and your users will get angry quickly if doesn't get fixed *very* soon.

      In conversation Tuesday, 28-Feb-2023 01:30:34 JST permalink

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