When you hear me talk about Small Tech and Big Tech or Small Web and Big Web, you might think it’s some sort of contest or something.
It’s really not.
Last year, roughly $315,000,000,000 in venture capital was invested in Big Tech.
Roughly €4,764 (€397 monthly donations to Small Technology Foundation × 12) was invested in Small Tech/Small Web.
That’s 0.000001% of venture capital alone invested in Big Tech.
Statistically, we don’t exist.
We’re a rounding error.
#SmallTech #SmallWeb
Aral Balkan
npub1p0…hm5vl
2024-06-21 14:45:06 UTC
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2024-06-21 14:45:06 UTCEvent JSON
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"content": "When you hear me talk about Small Tech and Big Tech or Small Web and Big Web, you might think it’s some sort of contest or something.\n\nIt’s really not.\n\nLast year, roughly $315,000,000,000 in venture capital was invested in Big Tech.\n\nRoughly €4,764 (€397 monthly donations to Small Technology Foundation × 12) was invested in Small Tech/Small Web.\n\nThat’s 0.000001% of venture capital alone invested in Big Tech.\n\nStatistically, we don’t exist.\n\nWe’re a rounding error.\n\n#SmallTech #SmallWeb",
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