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Nothing that is a utility should be for-profit (relating to basic survival and quality of life), however the VC model requires such fast scaling (as part of thi
by loceng 9y ago
Nothing that is a utility should be for-profit (relating to basic survival and quality of life), however the VC model requires such fast scaling (as part of this VC money can help kill what would otherwise become a successful service through copying and scaling faster/competition); this is ultimately why subway systems, which started off as individual privately owned lines, were bought by the public. The issue is always capitalism and competitive factors, people who want to get ahead in the world - to make the world a better place - without having a collaborative mindset or understanding their actions. Facebook would be in the best position in the world to facilitate this, however current leadership hasn't ever shown the compassion necessary to understand and guide this. Part of the issue is that such a platform or ecosystem requires understanding that you need to share - meaning that value created can't all be captured/controlled or measured. Short-term scarcity vs. long-term abundance thinking.