PEG 2.0

I'm an internet industry analyst for Business Insider Intelligence.

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If you are not paying for it, you’re not the customer; you’re the product being sold.

blue_beetle on metafilter

I frequently think about the part before the semicolon but the part after is more important. (via @bryce)(via mattlehrer)

Rafer sez:
@bryce I hope this is this you — finally, conclusively, and maybe accidentally — disagreeing with fred:

Many of the people I know in the venture capital business think their customers are their investors, called LPs in the industry vernacular. I’ve always thought that was dead wrong.

The entrepreneur is the customer and the LP is the shareholder. That’s the only way to think about the venture capital business that makes sense to me.

(via rafer)

The entrepreneur pays. He pays with equity. 

Notes about this post from the Tumblr community:

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    Never thought about it that way :)
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    ) The entrepreneur pays. He pays with equity.
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