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Sadly, they aren't the first, and certainly won't be the last. Silicon Valley isn't immune to the same virus.
by LordFast 6y ago
Sadly, they aren't the first, and certainly won't be the last.
Silicon Valley isn't immune to the same virus.
- Judgmentality 6y ago> Silicon Valley isn't immune to the same virus. I am not saying this to be snarky, but is it not the generally held belief that VC stands for Vulture Capital? I realize not everybody shares this belief, but I think a lot of people do - maybe even most.
- Bjartr 6y ago> is it not the generally held belief that VC stands for Vulture Capital? For what it's worth, I've been reading HN for over a decade, and am a co-founder of a now almost decade old startup and have never seen this phrase But maybe I'm just one of today's lucky 10,000 https://xkcd.com/1053/ https://xkcd.com/1053/
- scarmig 6y agoI usually see Vulture Capitalism used more in reference to PE, where mature but distressed firms are purchased, with a focus on "cutting costs," and then chopped up and resold after being ravaged. Venture capital, on the other hand, is almost the opposite, as it cares little about costs in the pursuit of growth by any means possible.