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It's hard not to be cynical when seeing the term "create wealth" when startups are often about intermediation and rent seeking, if anything wealth extraction.
by stuaxo 7y ago
It's hard not to be cynical when seeing the term "create wealth" when startups are often about intermediation and rent seeking, if anything wealth extraction.
- journalctl 7y agoYeah. I mean, if we want to get technical, governments and banks create wealth; startups just come along and hemorrhage VC money.