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It seems to be very good for creating mediocre products and/or toxic products with a high social cost. Because it's a meta-market. You don't win by providing a
by TheOtherHobbes 6y ago
It seems to be very good for creating mediocre products and/or toxic products with a high social cost.
Because it's a meta-market. You don't win by providing a quality product/service, you win by persuading VCs and investors to give you money - which is a completely different game.
You "win" as long as that continues. The product/service itself is just a shop front that gets investor money through the door.