"When you take venture capital, it is not a matter of if you’re going
to sell your users, you already have. It’s called an exit plan. And no
investor will give you venture capital without one. In the myopic and
upside-down world of venture capital, exits precede the building of the
actual thing itself. It would be a comedy if the repercussions of this
toxic system were not so tragic.
Let me put it bluntly: if a company has taken venture capital, you
have already been sold. It’s not a matter of if, it’s simply a matter of
when. (Unless the company goes under before it can exit, that is.)"
"What we need are social networks which are open, like e-mail and the
web; where anyone who wants to can set up their own server (or pay
someone else to do it) and join the conversation via a system they control. We need social systems which are decentralized,
rather than centralized and corporate. Systems where at a minimum,
there are multiple independent organizations running servers, and you
can migrate if you decide you don’t like the one you’re relying on."