3 ms·
Its too much to expect from VCs, they are each trying to maximize their gain. Creating consensus and cooperation is very hard, especially in bad times. It's exa
by drdrek 4y ago
Its too much to expect from VCs, they are each trying to maximize their gain. Creating consensus and cooperation is very hard, especially in bad times. It's exactly why governments exist, In some cases a web of self interested parties will produce horrible results and central authority can be more effective.
- mixdup 4y agoThis is fine, but when things are rosy the VCs and startups can’t claim that government regulation is communism and choking off their ability to do whatever they want If you want the backstop if the government you have to be willing to play within its rules during the good times too
- shrimpx 4y agoCompanies will always look to (a) maximize the amount of available decision power and (b) externalize decision risk as much as possible.