4 ms·
It's worse than that. Many powerful forces in this country will kick in to gear to make sure you get hurt for even trying.
by chasing 8y ago
It's worse than that. Many powerful forces in this country will kick in to gear to make sure you get hurt for even trying.
- angel_j 8y agoIt's worse than THAT. If you're not creating poverty and strife, you're doing venture capitalism wrong.
- wand3r 8y agoHow did you draw that conclusion? It is debatable whether VC creates net jobs and distributes value creation broadly enough but clearly VC isn’t the weapon you make it out to be. Marc Andreesen makes a strong defense of this point in a few talks about innovation/disruption but even if you don’t think VC is an ideal model the companies must be adding value to survive and both employees and non—shareholders capture that value. Social Capital is an example of a fund that appears to be making money and doing great things; you can lose money being terrible and make money doing good.
- angel_j 8y agoPractically all woke criticism of capitalism says that it would be impossible without wealth and income disparity and untold "externalized" ecological costs (including human ecologies, such as those that result i.e. people who can't rise out of poverty in the richest country). Those things are havok. Meanwhile, everybody likes to ride high on the idea that they are making the world a better place, with capitalism; but this requires one to consciously, one might says, conspicuously, ignore what it takes for the things they take for granted to be produced, the shoes, phones and "sharing economy". To answer your question, Venture Capitalism is capitalism, so that's the conclusion.