Development quote of the week

[Posted January 21, 2025 by jzb]

Have you considered creating a limited company that doesn't own anything of value but looks as if it does, getting half a billion in VC money, donating it all to the Pixelfed Foundation, and then having the LLC declare bankruptcy?

— David Chisnall

Context?

Posted Jan 23, 2025 5:04 UTC (Thu) by 5fdb1f (guest, #156654) [Link] (1 responses)

I don't get it. Is this a dig at some project that actually did this?

Context?

Posted Jan 23, 2025 10:30 UTC (Thu) by Wol (subscriber, #4433) [Link]

Follow the link and read the whole thing.

It's a dig at American Vulture Capitalism - desperately seeking anything they can find to sweat and make money from - never mind that there's no money there to start with ...

Cheers,
Wol