One side effect of the traditional funding model is that it allows FAANG-scale companies to exist in perpetual monopoly, because it gives them the luxury of cru

One side effect of the traditional funding model is that it allows FAANG-scale companies to exist in perpetual monopoly, because it gives them the luxury of crushing, copying or acquiring any potential threats early on. Both vision and basic research are basically neglected to the point it's laughable. Instead, what gets funded are half-baked ideas turned into MVPs by Ivy League CS grads with silver spoons hanging out of their mouths, whom unironically wear company hoodies (they didn't get the memo Mike Judge was making fun of them), and who hopped on the latest bandwagon for whatever trend, burning millions creating an acquisition target that adds no value to the world, at best. Oh, and a cool 90% of the modern web development ecosystem probably shouldn't exist and is pretty much poorly-engineered trash.