👓 Fixing the financial dilemma at the heart of our broken tech industry | Ben Werdmüller

Bookmarked Fixing the financial dilemma at the heart of our broken tech industry by Ben Werdmüller (Ben Werdmüller)

I was recently forwarded Jeffrey Zeldman's piece on A List Apart, Nothing Fails Like Success, on the impact of venture capital on startup business models. At the end, he questions whether the indieweb is a possible answer to the predicament we find ourselves in.

I feel uniquely positioned to answer, because I've been a venture capitalist (at mission-driven accelerator Matter Ventures) and have literally started an indieweb startup, Known. I've also bootstrapped a startup and worked at one that raised hundreds of millions of venture capital dollars.

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