> Most companies […] are lighting money on fire - is this not the VC model? The VC model, like here on HN, is gambling on winners and losers in the start up sp

> Most companies […] are lighting money on fire - is this not the VC model? The VC model, like here on HN, is gambling on winners and losers in the start up space. The losers burn VC money, the winners become the unicorns - whatever, bleh