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The difference is that VC fueled startups is a very small part of the economy while communist regimes are the entire economy. Imagine if every company was as w
by Jensson 1y ago
The difference is that VC fueled startups is a very small part of the economy while communist regimes are the entire economy.
Imagine if every company was as wasteful as VC fueled startups and life would be hell, imagine going to the new smart grocery store where prices changes by the minute and now you have surge pricing since many wanted to buy toilet paper this minute...
- account42 1y agoThey may be a small part of the economy as measured in imaginary numbers being shifted around but still have a significant negative effect on our lives that cannot be easily escaped. This is even more true when you also count publicly traded companies which have similar incentives to sell out their "customers" in order to benefit the real customers and are often just the final form of VC funded startups.
- jmcqk6 1y agoMost companies are wasteful. Perhaps not as wasteful as a startup, but still incredibly wasteful, and it scales non-linearly with size.