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SF startups appear to be a fascinating way for landlords to extract money from VCs. I wonder if the landlords give away plausible ideas to young hackers to pitc
by mikhailfranco 9y ago
SF startups appear to be a fascinating way for landlords to extract money from VCs. I wonder if the landlords give away plausible ideas to young hackers to pitch to the VCs? Perhaps landlords run all the incubators?
The employees of startups are working very hard to channel money from one very rich person, to another very rich person, in the vain hope of having an imperceptible chance of becoming a very rich person themselves.
- quantumofmalice 9y agoGeorgism, a tremendously popular school of economic thought in the US at one point that has been memory holed by the powers that be, advocated taxing rents at very high rates: https://en.wikipedia.org/wiki/Georgism https://en.wikipedia.org/wiki/Georgism
- mikhailfranco 9y agoBrannan's Maxim: During a gold rush, sell shovels. https://www.flexport.com/blog/trade-merchants-rich-california-gold-rush/ https://www.flexport.com/blog/trade-merchants-rich-californi...