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You're investing in these companies, right? You expect them to make themselves — and you — money? The problem is what happens when we get to ways to solve the
by jakelazaroff 7y ago
You're investing in these companies, right? You expect them to make themselves — and you — money?
The problem is what happens when we get to ways to solve the problems these companies are tackling, without the companies. If we enact universal healthcare, will Gusto pivot? If we structure our economy to remove the need for food stamps, will mRelief shut down?
Or will there be attempts to entrench these problems so these companies still have something to solve?
- halfjoking 7y agoIt reminds me of an op-ed about Imperfect Produce destroying local food coops. Their whole pitch to investors is they're environmentally friendly but in practice they are actually entrenching the agribusiness industry by competing with better alternatives: https://newfoodeconomy.org/imperfect-produce-ugly-food-waste-commodification-community-supported-agriculture/ https://newfoodeconomy.org/imperfect-produce-ugly-food-waste... Startups need to make money, and it will always be way more profitable to sell software to those with power/money than those who are disadvantaged.