FAANGM has left us with an impression that if you build a decent product you will magically make so much money that you can divert portions of it to a fancy office, great salaries, open source and other philanthropic causes, with no consequences. The truth is few industries carry that much of a margin especially when VC, founders, and seniors, take so much off the top.
It's my opinion that some companies should never be done for profit, particularly Political Tech but also other social tech including portions of ed tech.
These industries should be left for FI/RE folks who are rewarded with various social credits, like awards, tax credits, and peer validation.
It's my opinion that some companies should never be done for profit, particularly Political Tech but also other social tech including portions of ed tech.
These industries should be left for FI/RE folks who are rewarded with various social credits, like awards, tax credits, and peer validation.