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   pettter (pettter@mastodon.acc.umu.se)'s status on Tuesday, 17-Oct-2023 04:31:22 JST pettter

   They've reportedly fired half of the staff at #Bandcamp, that sucks absolute ass.

   Do not, my friends, become addicted to VC money, for it will forever leave you open to being fucked over either by them directly or by whomever you get bought out by.

   • Embed this notice
     pettter (pettter@mastodon.acc.umu.se)'s status on Tuesday, 17-Oct-2023 04:34:55 JST pettter

     in reply to

     • Jonas

     @adoranten There's just so many examples :(

   • Embed this notice
     Jonas (adoranten@tldr.nettime.org)'s status on Tuesday, 17-Oct-2023 04:34:57 JST Jonas

     in reply to

     @pettter For more examples of this principle, see the current fate of Patreon as well. 🤷♂️

   • Embed this notice
     pettter (pettter@mastodon.acc.umu.se)'s status on Tuesday, 17-Oct-2023 04:42:25 JST pettter

     in reply to

     • jack

     @jack The part where they were acquired by said company to exit their VCd startup phase.

   • Embed this notice
     jack (jack@status.sexyferret.science)'s status on Tuesday, 17-Oct-2023 04:42:27 JST jack

     in reply to
     @pettter what part of being sold by a 32 year old company has to do with venture capital?
   • Embed this notice
     Matthew M. - Mastodon SJW (mattmerk@mastodon.social)'s status on Tuesday, 17-Oct-2023 06:01:33 JST Matthew M. - Mastodon SJW

     in reply to

     @pettter That's now the American Dream™! Build something to either get bought out for vertical integration into a bigger monopoly, or to have it killed off as unnecessary competition. Then walk away with the sale money!