3 ms·

yc circular funding scam

• metoobruh 4mo ago
  A "self-licking lollipop."
• philipallstar 4mo ago
  Exactly. It's like employees of an oil company buying gasoline for their vehicles. Just no value created.
  • brazukadev 4mo ago
    The employees are proud drivers of Teslas.
• iririririr 4mo ago
  to be fair-ish to them, that's the playbook of all VCs. that's why every mayor vc firm has one datalake, one cdn, etc etc. they know their investment will go to these, why not keep it in their own ecosystem by some verticalization? ...the absurdity with Ai is when even competitors join in