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> The massive experiment in using capital as a moat to build startups into sustainable businesses has now played out and we can call it a failure for the most p
by Alex3917 7y ago
> The massive experiment in using capital as a moat to build startups into sustainable businesses has now played out and we can call it a failure for the most part.
The issue is that the value of money has been decreasing each year for the last decade. I don't remember anyone predicting that this was going to happen as far back as 2010, although it was already obvious that it was happening by 2013 or so.
That's why you'd be hard pressed to name a single VC-funded tech startup that was founded within the last five years, because these days VCs are just funding small businesses and not startups.