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rick_2047

Strange,

These people are getting obscene amounts of money that

a)a very small proportion of web is going to use

b)is going to be built by 4 guys who presumably can live off there computers but can now afford there own office space or something and live like kings.

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I'm not sure where you're from, but nobody is living like a king in NYC (or most any other major US city) for that amount of money.

Also, if you compare the ~$90k they've raised so far with some recently VC funded social media startups, all of a sudden it won't seem "obscene"- in fact it seems positively lean and scrappy.

Those startups are going to give the VCs back something. They will make profit. But this is something which will not be making profit. Its a non profit thing and the people pledging money will not get a penny out of it (may be some rewards but that's for major investors.

I admit the over exaggeration on the "living like a king" part but I fail to see any analogy with VC funded social startups and this

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