Nostr Web Client

Oh ffs, why do I even look into these things? I think I’m being harsh and then it’s always worse than I thought:

FairPhone has taken venture capital.

https://www.fairphone.com/wp-content/uploads/2023/01/Crowd-Notification.pdf

They’ve been invested in by, among others, Invest-NL (currently three exits, all IPOs¹) and Quadia (also three exits, all acquisitions²).

I would just like it if for once – fucking once – it wasn’t just about making money.

*sigh*

¹ https://www.crunchbase.com/organization/invest-nl/recent_investments

² https://www.crunchbase.com/organization/quadia/recent_investments

#VentureCapital #VC #FairPhone

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Discussion

Kyle Rankin 2y ago

nostr:npub1qg48cy9nkrm0pkeuz7e9zrzeq2n6lnlwyn30u9zd0xe07g9qvras00augv Hardware is a challenging business, even harder if trying to do it ethically (much harder than ethical software). Creating custom hardware (instead of white label) is even harder and requires a significant amount of cash up front.

The main alternative to private funding is crowdsourcing, and I can say from personal experience that there are many problems with that approach as well.

I don't have a good solution, but I do have empathy for people who are trying to find one.