If you are not paying for it, you’re not the customer; you’re the product being sold.
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:
-
aflfootballimages liked this
-
markbalt reblogged this from jayparkinsonmd
-
haney reblogged this from dpstyles
-
helenpham liked this
-
whereswaldo- reblogged this from jayparkinsonmd
-
tgoss reblogged this from jayparkinsonmd
-
bobbbyg reblogged this from jayparkinsonmd
-
bobbbyg liked this
-
landay reblogged this from trottoria
-
jpoetker liked this
-
msg liked this
-
essays liked this
-
thisisnotnewmedia reblogged this from robbiemitchell
-
praise-allah liked this
-
abeeykat reblogged this from dpstyles and added:
Never thought about it that way :)
-
jwisser liked this
-
inkyeagle reblogged this from jayparkinsonmd
-
theneverlandhenevereverknew liked this
-
myre-view liked this
-
berezina liked this
-
pegobry reblogged this from rafer and added:
) The entrepreneur pays. He pays with equity.
-
ultralaser liked this
-
ahref liked this
-
lescrocodiles liked this
-
garyjmag reblogged this from dpstyles
-
timeforparadise liked this
-
booyagrandma liked this
-
andrewfm liked this
-
lfar liked this
-
jenasingmeasong liked this
-
lifetimestudent reblogged this from jayparkinsonmd
-
hinesxenitsirhc liked this
-
herosquad liked this
-
brucehopperjrmd reblogged this from jayparkinsonmd
-
johnnychadwick liked this
-
missmaya reblogged this from jayparkinsonmd
-
digitalmeowmix liked this
-
omnicurious liked this
-
andylogan liked this
-
sheisking liked this
-
medspotting liked this
-
bbbrad liked this
-
marco liked this
-
senjensenjensen liked this
-
scudmissile liked this
-
dachesterfrench liked this
-
permanentsix liked this
-
salchrist liked this
-
david liked this
- Show more notes
