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I think originally they had good intentions. But they just cannot afford not to pull up the ladder, they raised too much.
by jvuygbbkuurx 3mo ago
I think originally they had good intentions. But they just cannot afford not to pull up the ladder, they raised too much.
- d5lt5 3mo ago> I think originally they had good intentions. It was never the intent. What we are seeing is the methodology that Peter Thiel (hello, ycombinator) described in his book Zero to One [0]: "Competition is for losers" [0] https://en.wikipedia.org/wiki/Zero_to_One https://en.wikipedia.org/wiki/Zero_to_One
- williamdclt 3mo agoIntentions never win over incentives, especially as time and scale increase. And we live in an economic system where the only incentive is "make as much money as possible".