3 ms·
They seem, as a class, very susceptible to dumb trends. This _kind_ of works for them, because occasionally something that looks like a dumb trend turns out to
by rsynnott 1y ago
They seem, as a class, very susceptible to dumb trends. This _kind_ of works for them, because occasionally something that looks like a dumb trend turns out to work (remember Facebook games? Still amazed that became a thing), and VCs only require a rather low success rate to operate, but usually a dumb trend is just a dumb trend.
Irritatingly, every time, people use this to claim that the dumb trend is the next big thing. A few years ago, anyone sensible could see that NFTs were bloody ridiculous, but you’d have lots of people on here proclaiming a glorious new NFT-based future, because, after all, the VCs were pumping money into it.