Even if you were successful, VCs would just give hundreds of millions of dollars to some Adam Neumann type who would put you out of business by selling the same

Even if you were successful, VCs would just give hundreds of millions of dollars to some Adam Neumann type who would put you out of business by selling the same things at a massive loss. I don't think it's VCs per se. For example, Amazon is actively trying to get in to fresh food logistics of late with their stores and various acquisitions, and they are public. It's the 21st century object sales fallacy. Significant returns only exist at scale and you can't compete with capital, so what's the point of starting a venture in object sales today? It's default-dead in the face of its eventual competition, unless you have some angle like lockdown on the object sourcing through extremely complex objects, unassailable distribution or some alternative revenue model.