Comment by metacritic12
2 years ago
To dogpile into this, in ~2005 I had one of the worst preseed round experiences raising from Nokia.
They clearly had a mandate to make some moves in mobile, so we were in their target sphere. But the investor was just so slow about moving, lackadaisical in personality, and seemed like he was more paid to come into the office versus actually achieve results (regardless of whether they funded us).
I later read Clayton Christianson and immediately knew what he was talking about with old dinosaurs resting on their laurels.
Good riddance. Market forces don't always act in the interest of society, but when it does like this (v Apple, Android) it's refreshing to see.
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