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In that case the whole thing is even sadder. If the venture was doomed from the start they didn't need to bring down everyone else with them. You seem to think
by dkarapetyan 10y ago
In that case the whole thing is even sadder. If the venture was doomed from the start they didn't need to bring down everyone else with them.
You seem to think there needs to be a solution to this that somehow maintains the status quo of VC funded ventures. I personally don't. You're welcome to come up with a solution. I'm not the one to brainstorm it with.
- wpietri 10y agoDo you understand that Lexra only existed because they were drafting off of work done by MIPS? Without MIPS, there would have been no Lexra to bring down. Both companies only existed because of venture funding and patents. And MIPS of course wasn't "doomed from the start". The nature of investment is that there are no sure things. Many good bets don't pay off. I don't particularly care about VC. I care a lot about investment in technological innovation. Your initial claim was that "we'd be much further along" without patents and greed. I'm saying that I don't think that's the case, because patents and greed are two parts of the mechanism by which we move further along. If you have an alternative that will actually get us "further along", I'm all ears. Feel free to tell us how you'd achieve similar or greater levels of funding in a better world, preferably with some actual numbers. But without that, it sounds like you're just carping.