Y'all are a bunch of wankers!

what I really want to know anout youtube is ...

... how the hell did they get that far with no business model?

according to conventional wisdom, they shouldn't even have been able to get funding to get started.
Permalink $-- 
March 20th, 2007 5:14am
I think many internet success stories only found out their business model after they became successful.
Permalink Send private email Locutus of Borg 
March 20th, 2007 7:00am
sure. but how did they get funding, or manage to survive the early stages?
Permalink $-- 
March 20th, 2007 7:13am
How much do you really need to bootstrap such a site?
The amazing part is that they were able to scale when they became successful. But at that point I'd think getting funding wasn't that hard anymore.
Permalink Send private email Locutus of Borg 
March 20th, 2007 7:31am
Well this is how venture capital works. The VCs that take the big risks are the ones that get the big payoffs. There's little upside from safe investments. To get the big upside, you have to go with the big downside as well.
Permalink Practical Economist 
March 20th, 2007 12:33pm

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