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Extracting profits at the cost of society may be a bad thing for you and me, but it might be a good thing for YC. I'm reminded of Paul Graham's words on unions
by Frondo 6y ago
Extracting profits at the cost of society may be a bad thing for you and me, but it might be a good thing for YC.
I'm reminded of Paul Graham's words on unions:
https://twitter.com/paulg/status/663456748494127104?lang=en https://twitter.com/paulg/status/663456748494127104?lang=en
From his perspective, it could be that society is something standing in the way of profits.
- eanzenberg 6y agoAlso, society stands in the way of progress. You can’t have both. Progress and no-profits.
- dmos62 6y agoAre you saying something like everything is relative? I can't tell if you're being sarcastic.
- Frondo 6y agoI'm sorry for the lack of clarity. I should have been explicit in saying, I agree that treating society as a thing you can vacuum wealth out of is a bad thing; the people who run a VC firm (and who view unions as an indicator for industries to "disrupt") may view that as a good thing, or as the goal. That should tell you something important about them.