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1. Embed this notice
   Stefan Bohacek (stefan@stefanbohacek.online)'s status on Friday, 25-Oct-2024 05:56:13 JST Stefan Bohacek

   Just a reminder that 0% of fediverse admins took on debt to support their communities.

   https://stefanbohacek.online/@stefan/112399842395585906

   #fediverse #SocialMedia #sustainability #bluesky #VentureCapital

   • Embed this notice
     Anil Dash (anildash@me.dm)'s status on Friday, 25-Oct-2024 12:17:01 JST Anil Dash

     in reply to

     @stefan just a quibble, but venture funding is structurally a different financial vehicle than debt. they can sometimes function similarly, but it's incorrect at a technical level to equate them. (One key reason that it matters: it's generally illegal in most jurisdictions to have a debt that requires a return above ~1.3x, which would be abject failure for VC.)

   • Embed this notice
     Anil Dash (anildash@me.dm)'s status on Friday, 25-Oct-2024 21:26:14 JST Anil Dash

     in reply to

     • Aslak Raanes

     @aslakr @stefan depends what you’re aiming for, but in terms of economic pressure, yes.

   • Embed this notice
     Aslak Raanes (aslakr@mastodon.social)'s status on Friday, 25-Oct-2024 21:26:15 JST Aslak Raanes

     in reply to

     • Anil Dash

     @anildash @stefan Given that VC funding wants higher returns than what's possible with debt, doesn't that make it worse?