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Do you have any exposure to venture capital or are you just taking a position on the wording of the post? I didn't name names for a reason. This is about ethics
by asim 2y ago
Do you have any exposure to venture capital or are you just taking a position on the wording of the post? I didn't name names for a reason. This is about ethics on a broad scale. VC is an industry that has to collaborate and cooperate, meaning people are fully aware of the compromised and storied nature of many of these firms and partners, as well as the incentives that drive them. I used a broad brush to generalise the ethics of it but essentially VC is about return on investment regardless of the "funding tech for societal good". I don't have to give the examples because they are in broad daylight and in techcrunch articles every other week. I will admit there are some, even many, investors I have met who I highly respect for their knowledge and experience and on the surface level it seems as though they have good integrity but even they have faltered in the face of difficult decisions. So the question was honestly, where are the ethical VCs, because the values seem to bend and break when push comes to shove and money and returns have to be put front and center.