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> What can startups do to increase prosperity for everyone? Startups as a whole can do nothing -- it's like asking "what can car companies do to increase prosp
by joslin01 11y ago
> What can startups do to increase prosperity for everyone?
Startups as a whole can do nothing -- it's like asking "what can car companies do to increase prosperity?" except that would be a little more reasonable given the amount of resources and relative free-time those companies have.
In startup land, you typically don't even have a sustainable business let alone vast amount of resources lying around to fix the world's problems. They cannot be concerned with something this vague.
What they can do is work on the correct problems that will put them in a position to make a legitimate societal impact down the road. Even better if they work on problems that is directly correlated to society's well-being.
You mentioned food. If a startup could compete with the likes of Monsanto, but wasn't run by a bunch of scumbags, they might be able to create such a rich company that it starts shipping food crates free of charge to places in need. This depends entirely upon the kind of person running the company.
Since I respect that you have to view startups in the aggregate, I would probably turn around and ask you, what can you do to fund better startups by better people with long-term Do No Harm terms? The terms might even be bullshit like "You will do everything in your power to help the world rather than just helping yourself." It wouldn't be something you hold up in court, but it would be a major internet foul to find out "Super Rich CEO" signed those terms and "Super Rich CEO" was found being immoral. With the leader's reputation at stake, you might have a chance at nurturing Good Guy CEOs.
At any rate, startups have enough to worry about. If you want to help the world, you'll find a way. If you want to make a bunch of money and fuck the world, you'll find a way to do that too. The problem is cultural and resides at the individual level.