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#vc

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This is why I don't make "community contributions" to "open platforms" which don't have some very solid legal framework for governance in place.

They sell out to VC and rug pull hard on the community that provides the bulk of their data and value.

bikepacking.com/plog/when-we-g

BIKEPACKING.com · When We Get KomootedFollowing the sale of Komoot to private equity, Josh Meissner explores the broken relationship between corporate capital and our communities...

A little reminder that DuckDuckGo is venture capital (VC) funded.

The way VC works:

1. You get VC
2. You grow as fast as you can (or fail fast)
3. You sell (either to a larger corporation or to the public in an IPO; this is called the “exit”)

(In case any of you are surprised by recent/future developments.)

Listen hustle folks and VCs. Completion of the intra-American Iron Curtain will be a business opp for a border theme park on the Mexican side. You too can make money off ICE.
Educational visitor center, taco trucks, a replica of a checkpoint - name it Checkpoint Jesus for the common first name and to pi** off Evangelicals.
A mini wall parcours for kids, a waterslide called Rio Pequeno with plastic razor wire. A large observation tower, drone racing, and more.

Rise and Fall of Grassroots #OpenWeb

To understand where the #Fediverse and the #OpenSocialWeb are heading, and how not to lose our way, we need to reflect on where we’ve come from. The history of grassroots #openweb activism offers both inspiration and hard lessons.Foundations are built by real people, social movements start local, they begin with people on the margins – those directly affected by injustice – taking action with the tools they have. In the late ’90s and early 2000s, tech projects like #Indymedia were the […]

hamishcampbell.com/rise-and-fa

hamishcampbell.comRise and Fall of Grassroots #OpenWeb – Hamish Campbell
More from Hamish Campbell

"Builder.ai lacked true AI, instead utilising a group of Indian developers who were merely pretending to be bots writing code."

It's hilarious to see the online reaction to this. It has been common knowledge for YEARS.

The Wall Street Journal already questioned the "AI" part of builder.ai in 2019: wsj.com/articles/ai-startup-bo

Techcrunch mentioned it in 2022: techcrunch.com/2022/03/30/buil

🤷‍♀️

#startups#ai#genai

I don't hang out on #Bluesky and I'm all in on the #Fediverse, but I have to admit that when I occasionally go over to Bluesky to see a thread that somebody has linked here or that was bridged here via #BridgyFed, I find that the comments on the thread tend to be quite good.
There's definitely an early-Twitter-before-it-turned-to-shit vibe to it.
Mind you, I don't think it will last, because everything backed by #VC eventually eventually enshittifies, but right now, it really is pretty good.

“We’re building services that improve the personal computing experience by understanding your unique context and taking action at your command. When you use our services, you’re trusting us to handle your personal data.”

sky.app/privacy

A VC-backed startup with Sam Altman as their lead investor* wants the keys to your Mac.

Yeah, no.

* crunchbase.com/funding_round/s

#AI #privacy #Sky #SamAltman #startup #VC #BigTech #surveillance #capitalism #mac mastodon.macstories.net/@vitic