4 ms·
8VC investing in private prisons is something I was unaware of. They sponsor quite a few gen Z / crypto related events. Not sure I can comfortably support them
by lawrenceyan 4y ago
8VC investing in private prisons is something I was unaware of. They sponsor quite a few gen Z / crypto related events. Not sure I can comfortably support them anymore.
It’s just really confusing overall, given they brand themselves as a forward looking technology and life sciences investment firm. Private prisons seem like the antithesis of that.
- sjtgraham 4y agoYou're just going to take something seemingly implausible at face value such as that without verifying it yourself?
- lawrenceyan 4y agoI looked it up. They do in fact invest in private prisons: https://www.8vc.com/resources/align-incentives-to-solve-recidivism https://www.8vc.com/resources/align-incentives-to-solve-reci... It’s a very utilitarian perspective I guess? Really lacking in heart or soul though.