Imagine being so close to understanding something, but your whole identity requires you to not understand it. Venture capital (VC) is fundamentally at odds wit

Imagine being so close to understanding something, but your whole identity requires you to not understand it. Venture capital (VC) is fundamentally at odds with good business. VC demands exponential growth from a finite world; something has to give. What usually happens is the company grows to the point that it's impossible to keep the "professional fakers" away. Then the Iron Law[1] kicks in, or enshittification[2], or both. Do you want the benefits of a small company (sustainability, happy employees, happy customers, good products)? Then build a small company. If you want the opposite of those things but also lots of money, try your hand at the VC blackjack tables. Maybe you'll be lucky and this time, it will be different. [1]: https://www.jerrypournelle.com/archives2/archives2mail/mail408.html#Iron https://www.jerrypournelle.com/archives2/archives2mail/mail4... [2]: https://pluralistic.net/2023/01/21/potemkin-ai/#hey-guys https://pluralistic.net/2023/01/21/potemkin-ai/#hey-guys