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refulgentis 2 hours ago

I don't have some kind of beef with you. I react personally too in these long discussions, don't begrudge you the impression.

Just saw what I thought was youth, but it was a fellow older fellow*, so chased the interlocution more than I usually would because I was curious and wanted to make sure there wasn't insight I had missed and you were speaking loosely (as is normal, we are not robots)

re: motivation, I took a lot of pride in not taking money back in prime ZIRP, early-mid 2010s and felt it was vindicated by what I saw happen to competitors.

What I saw was proto-"Bending Spoons" behavior. Frankly, Bending Spoons seems ethical and right-headed at its face. i.e. after 30 seconds with their website. but what do I know.

What I saw was private equity rollup iPad-based point of sale software who couldn't justify another round, and let the business owners using their point of sale systems flounder until they got the energy to switch. Explicitly. the rug pull wasn't just on engineering or further development of the system, it was support too. That might sound stupid (who needs support w/software?), but its necessary for point of sale due to credit card processing. Multiple companies, same playbook.

Cheers & apologies, I went too far, I left you feeling like it was a grudge.

FWIW it's also important to me because I want a fellow wide-eyed college-dropout-waiter soaking in HN from a small town to know VCs involved in these messes will continue acting as they have post ZIRP, as you've established.

* via your HN profile, not stalking off site or based on username