Articles like this often overlook the concentration of power that exists within central planning. VCs must generally choose companies that can ultimately attra

Articles like this often overlook the concentration of power that exists within central planning. VCs must generally choose companies that can ultimately attract public investors to make a profit. They must also answer to LPs, convince company leadership to take their investment terms, and must follow government regulation. All this while competing with the many other VCs out there. That naturally results in many more checks and balances (and thus less concentrated power) than is typically wielded by central planners.