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Vance came from Venture Capital, not big tech. Now that they have a seat st the table, I can see VC folk cannibalizing big tech if there's enough money in it. W
by sangnoir 2y ago
Vance came from Venture Capital, not big tech. Now that they have a seat st the table, I can see VC folk cannibalizing big tech if there's enough money in it. Who can say no to a court-mandated fire sale of Chrome Inc or Android Inc? They'd ride it all the way to an IPO, before the enterprises collapse without the ad-dollars <-> eyeballs virtuous cycle.
- scarface_74 2y agoAndroid is not nearly as profitable as you think and how would you make money from Chrome?
- sangnoir 2y agoYou may have missed my final sentence.
- JumpCrisscross 2y ago> can see VC folk cannibalizing big tech if there's enough money in it Vance’s circle has never been in the business of disrupting Big Tech. They’re looking to sell to them. (Also the White House pigeons have more influence than Vance inasmuch as they might shit on Trump and thus catch his attention.)
- sangnoir 2y agoI don't think people with skin in the game are as cavalier about Vance as you are. He is after all, a heartbeat from the presidency whose incumbent will become the oldest on record - you probably don't want to be on his bad side - just in case. If he calls you, you probably want to pick up the phone and hear him out.
- JumpCrisscross 2y ago> He is after all, a heartbeat from the presidency Vance has tremendous potential power. He has no say right now. That is evidenced to a remarkable degree, for such things so early in a Presidency, in the public record. People aren't bothering to keep him in the loop. Also, Vance's power isn't solely conditional on Trump's EKG. He's very much constrained by MAGA and friends. > If he calls you, you probably want to pick up the phone and hear him out Of course. He's still my Vice President and from my interactions with him to date, a perfectly nice person. But I wouldn't expect anything to come of it. I would not be able to take him at his word, not because I think he's dishonest, but because I really don't think he is in the know. And I can think of a few people I'd be willing to cut that call short for if they called during that call.
- sangnoir 2y ago> He's very much constrained by MAGA and friends A promoted president Vance will be in no way constrained or contained by MAGA if he has Thiel in his corner.
- JumpCrisscross 2y ago> A promoted president Vance will be in no way constrained or contained by MAGA if he has Thiel in his corner What do you think Thiel brings to the table with MAGA?
- mullingitover 2y agoI think it’s the other way around, what does MAGA offer Thiel. They got him the presidency this time around, but he could dump them for centrists if that group is up for sale next time.
- rcpt 2y agoNah. It's a cult and it does with the leader. Look how badly Desantis flopped when he tried to move up.
- beambot 2y agoVC relies on IPOs and BigTech M&A to survive... Need someone to pass their bags to.
- boppo1 2y agoYeah, but they're mostly parasitical. Totally willing to consume without limit, even if it kills the host. I'm not anti-high finance, and not even anti VC in theory. Took a class on it in school and it was lovely: all about getting cool new products to market. But so much of VC right now seems to be investing in established businesses and absolutely squeezing them on payroll until there's no one left to actually do the work.
- M2Ys4U 2y ago>Vance came from Venture Capital, not big tech. There's a difference? (I'm joking... but only half joking)