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> I don't believe the lack of capital investment is a problem. There's mind-boggling amounts of capital being wasted on the metaverse and blockchain bubble that
by AlexandrB 5y ago
> I don't believe the lack of capital investment is a problem. There's mind-boggling amounts of capital being wasted on the metaverse and blockchain bubble that could be directed towards building a disruptive competitor to any of these companies' flagship products.
I think the second sentence contradicts the first. There's little capital being spent on building a Facebook or Google competitor. VCs are chasing "the next big thing" instead. The other reality is that VCs are going to want Google-like revenue and continuous growth from a Google replacement they fund - this means that eventually dark patterns will come into play to squeeze more money from existing customers.