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Agreed. There are definitely adverse effects to the markets from these practices. Could it be that the conglomeration of the startups controlled or at least he
by cudgy 4y ago
Agreed. There are definitely adverse effects to the markets from these practices.
Could it be that the conglomeration of the startups controlled or at least heavily influenced by a few dominant VC firms essentially creates an oligopoly in the tech startup world? In other words, these startups, which behave like monopolies by razing certain markets with low prices while losing money, are small tentacles of the huge vc firms that are funded by large stockholders of the FAANG oligopolies.