3 ms·
If you have enough capital and social connections you can pick randomly and still get a return on your investment even if you provided negative value for societ
by cryptica 7y ago
If you have enough capital and social connections you can pick randomly and still get a return on your investment even if you provided negative value for society. Some monopolistic corporation will end up buying the startup you invested in for a lot of money, shut it down so that the corporation's shareholders will take on the cost but the corporate monopoly means that they won't be affected much anyway. The rest of society ends up paying for that exit through lost opportunity cost because that statup used social manipulation and advertising money to steal customer, supplier and investor attention away from more deserving projects.
Investors win, founders win, everyone else loses. To say that it's a zero sum game is actually a very generous way to put it.