2 ms·
The VCs are also part of the team that collectively destroyed economic value. They can't simultaneously claim credit for every success and disavow every failure
by scarmig 7y ago
The VCs are also part of the team that collectively destroyed economic value. They can't simultaneously claim credit for every success and disavow every failure.
- alasdair_ 7y agoThis is a fair point and I’d never looked at it that way before. Thanks!
- Apocryphon 7y agohttps://en.wikipedia.org/wiki/Lemon_socialism https://en.wikipedia.org/wiki/Lemon_socialism
- williamDafoe 7y agoWe have a lemon socialism banking system. Obama made certain that 100% of bankers wiped out in 2007 paid NO PRICE for their recklessness; he prosecuted NO ONE.