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Venture capitalism is capitalism. The goal of a capitalist business is to deliver profits to the investors, and YC succeeds under that model. The alternatives
by jtolmar 7y ago
Venture capitalism is capitalism. The goal of a capitalist business is to deliver profits to the investors, and YC succeeds under that model.
The alternatives are businesses owned by the other stakeholders - workers, consumers, or community/state. Or some mix of the above, there are problems with each individually.