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I interpret what you mean as "VC model" as investment bets that are essentially high risk / high return. A high return play would be one that envisions dominanc
by troelsSteegin 6y ago
I interpret what you mean as "VC model" as investment bets that are essentially high risk / high return. A high return play would be one that envisions dominance in a $1B plus market, and high risk play is say a 5% chance that you see your money back. How does "high return" mess up UX? If I understand the "Lurking" review, it would be by focusing on skeevey attention/reward patterns to habituate interaction in online communities. That seems like a narrow case for your broad claim. I also don't understand the "scarcity and under-production" bits.
That said, disrupting the "VC model" seems like an interesting question. The implication for me would be many more bets that are lower risk / more marginal returns. An IPO or buying stock would fit that profile, but that's small amount of opportunities overall and there's nothing disruptive about that. For me, an example of something different might be community-focused investing. Pick a region or town as a locus of investing, and invest in a number of existing business and infrastructure all across the broad, with the idea of moving that local instance of an economic system from a static phase to a growth phase. That has nothing to do with tech, per se. Maybe that's the disruption ...