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Yet another VC backed scam goes bankrupt. If you want to build a long term business that generates wealth for you and benefits your customers and employees, avo
by silexia 4y ago
Yet another VC backed scam goes bankrupt. If you want to build a long term business that generates wealth for you and benefits your customers and employees, avoid Venture Capitalists like the plague.
- thot_experiment 4y agoI agree with your sentiment here, but the problem is that everyone else is also cheating so playing honestly is a losing move. Is there a grassroots way to undermine capital at scale? How do we remove the cheaters from the table? How do you make the system naturally resilient to grift? Personally I think we should just outlaw rich people by way of direct wealth redistribution via taxes and see how that shakes out.