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Seriously, most tech startups are not bringing a bump in productivity, but are a mere pixel moving money waste for VCs, who don't really care if about the 9 fai
by matzipan 11y ago
Seriously, most tech startups are not bringing a bump in productivity, but are a mere pixel moving money waste for VCs, who don't really care if about the 9 failures if 1 startup pays off massively. The problem is that VC's don't even care about profitability anymore, they only care about being bought-off by next stage VCs. So all the money actually comes from 1 ad supported startup which became profitable and the losses for all the others were written off.