2 ms·
there's a "race to the bottom" problem too. if one VC starts pouring money into a sector they'll - temporarily - crowd out the small firms. hence all funds are
by pas 3y ago
there's a "race to the bottom" problem too. if one VC starts pouring money into a sector they'll - temporarily - crowd out the small firms. hence all funds are incentivized to "go big or go home".
- lordnacho 3y agoThis is a good point too, more to the ecosystem. I'm not sure there will ever be a mitigation to that.
- jacquesm 3y agoThey also crowd out the small firms that were doing just fine before the VC funded startup entered the eco-system, spoils it for everybody and then goes bust leaving the market unserved. I hate it when that happens.
- amelius 3y agoI think this should be encoded in antitrust law.