| ▲ | rsingel 2 hours ago | |
I agree and it's happening. I co-founded Outpost Publishers Cooperative as a member services co-op to provide enterprise-level subscription services to publishers on Ghost (which is a non-profit). I'm biased but I think the model of member-service co-ops (like Ace Hardware) providing tailored software services to particular industries is fertile ground. Free of VC incentives, reasonably profitable, aligned incentives, and the state of software tooling makes this doable. And since this model doesn't require capturing as much value as a VC funded venture, it's more sustainable. But the hard thing is figuring out how to get to decent product without upfront investment, in lieu of investment models that don't require outsize returns. I can think of ways to create early capital but I've yet to see an industry think through how to fund smart suppliers without falling into the trap of thinking they need to be VCs. | ||
| ▲ | mamcx 2 hours ago | parent | next [-] | |
> how to get to decent product without upfront investment Yeah, this is the hard part. I work in the small “ERP-like” business market and I’ve come up with some good ideas (based on the reaction of the people I talk to). But the problem is that even a small team of about five genuinely solid developers can cost around US $300,000–500,000 per year — and that’s even factoring in that I’m in LATAM!. That’s a lot. To make something like this happen, you need to convince fairly big players — the ones who have the capital and the patience, but more importantly the vision. And that’s the part that’s rare. At least in theory, that’s what VCs are supposed to bring. | ||
| ▲ | crabmusket 41 minutes ago | parent | prev | next [-] | |
That is fantastic to hear, kudos to you and best of luck! The funding is definitely an issue I'm chewing over in my mind as I think about these issues. | ||
| ▲ | rsingel 2 hours ago | parent | prev [-] | |
I'd say too we aren't the only ones. Plausible Analytics is a great, mission-driven, open-soutce non-profit providing cookie-free web analytics. And they let us bulk buy for our member publishers. There's so much potential in what you are suggesting! | ||