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One of the reasons few 'startup' businesses target the needs of the poor is that many (especially among venture capital and government regulators) are uncomfort
by nickff 10y ago
One of the reasons few 'startup' businesses target the needs of the poor is that many (especially among venture capital and government regulators) are uncomfortable with doing business with (or 'making money off') the poor. Marc Andreessen commented that a partner at A16Z has veto-d at least one funding proposal because of this discomfort.
- matt4077 10y agoThere's a difference between predatory lending and tackling actual problems. And a16 actually has a few serious companies in its portfolio such as opengov.