4 ms·

I'm not sure I understand your comment, this article is specifically about KoBold, a startup which has just received venture funding (semi-recently) from Bill G

I'm not sure I understand your comment, this article is specifically about KoBold, a startup which has just received venture funding (semi-recently) from Bill Gates and Jeff Bezos. It isn't implying that they owned the mine or were able to build their businesses from the gains from the mining. I assume both of them funded the company because sourcing minerals necessary to transition to renewables is a priority, whether for personal or business reasons. https://news.crunchbase.com/ai-robotics/cleantech-kobold-bill-gates-jeff-bezos-unicorn/ https://news.crunchbase.com/ai-robotics/cleantech-kobold-bil...

schiffern 3y ago
>It isn't implying that they owned the mine That's what "venture funding" is, by definition. >It isn't implying that they owned the mine or were able to build their businesses from the gains from the mining It isn't clear why this distinction should matter, ethically speaking.
- atlasunshrugged 3y ago
  They own equity in a company that owns part of the mine, they don't own it outright. On your second point, I thought the whole complaint from people about Elon was that he wasn't actually "self-made" because he benefitted from the gains of the mine and had a privileged upbringing. If you just think owning mines in general is unethical, I'm really not sure what to say.
  - schiffern 3y ago
    > They own equity in a company that owns part of the mine, they don't own it outright. Of course, but it's a distinction without a difference. >the whole complaint from people about Elon was that he wasn't actually "self-made" because he benefitted from the gains of the mine and had a privileged upbringing. Yep. Not only is this claim factually false, but (as you point out) it doesn't make any sense because there isn't any inherent ethical problem with mining.

4 ms·

I'm not sure I understand your comment, this article is specifically about KoBold, a startup which has just received venture funding (semi-recently) from Bill G

by atlasunshrugged 3y ago

schiffern 3y ago
>It isn't implying that they owned the mine That's what "venture funding" is, by definition. >It isn't implying that they owned the mine or were able to build their businesses from the gains from the mining It isn't clear why this distinction should matter, ethically speaking.
- atlasunshrugged 3y ago
  They own equity in a company that owns part of the mine, they don't own it outright. On your second point, I thought the whole complaint from people about Elon was that he wasn't actually "self-made" because he benefitted from the gains of the mine and had a privileged upbringing. If you just think owning mines in general is unethical, I'm really not sure what to say.
  - schiffern 3y ago
    > They own equity in a company that owns part of the mine, they don't own it outright. Of course, but it's a distinction without a difference. >the whole complaint from people about Elon was that he wasn't actually "self-made" because he benefitted from the gains of the mine and had a privileged upbringing. Yep. Not only is this claim factually false, but (as you point out) it doesn't make any sense because there isn't any inherent ethical problem with mining.