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I have no idea how VC funding works
Ah, oh. I see I am still assuming too much even though I almost got fired once because I assumed too much, lol
Question is it better for him to build out the business model now without funding and hope it takes off fast enough to pay bills before his runway ends? Really sucks that Apple rugged his zap splits model, iiuc that was working great.
Now he has to launch an Android app and hope that hits cashflow velocity before the year ends 🤷
Mhh, I see. Yeah, Apple is becoming even more and more a walled garden. Feels like this is part of their business model: to stay the most walled garden ever created.
But I think it's not necessarily a bad business model. Just not one I personally would like to buy into as a customer who likes too much to tinker with stuff.
iiuc
til