2 ms·
> I would probably argue that venture capitalists are not good for society regardless of what they’re investing in That's kind of a stupid and black and white
by RamblingCTO 4y ago
> I would probably argue that venture capitalists are not good for society regardless of what they’re investing in
That's kind of a stupid and black and white argument. It can be good, might not be. Overall customers decide. If society deems slavery ok, then some VCs can and will make money with it.
Shitting on VCs from someone that advocates for crypto and "aLtErNaTiVe MoDeLs". This bullshit can only come from someone who never dealt with funding in a startup. I'd rather have a bunch of VCs getting me and my idea instead of having to manage investor relations for thousands of crypto bros. Also: crowdfunding fails if you have complex special solutions which no one understands. The probability that there's a low number of VCs even getting your idea is way higher than getting a critical number of crowdfunders to get your idea so you can even try.
- Jochim 4y agoLegality and morality are not the same thing. There are many activities that may be technically legal but still make you someone society would be better off without.