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I think there's a systemic problem with the investors though. It's a smallish pool of very much monocultured venture capitalists that's very easy to get blackli
by slowin 1mo ago
I think there's a systemic problem with the investors though. It's a smallish pool of very much monocultured venture capitalists that's very easy to get blacklisted from if you don't adhere to their ideology. It's not as simple as just finding a job somewhere else, when the financing is controlled by a small group of people who are extremely vindictive.
- gen220 1mo agoFounders swim in the incentive pool of VCs, who swim in the incentive pool of LPs, who swim in the incentive pool of capital-c Capital. When you architect your industry around "number goes up" as the number one priority that everybody agrees on, and then add multiple layers of abstraction separating capital from labor, you end up with the Ouroboros-style arrangement we have today. The head forgets that it is the tail, and vice-versa. I think we used to (in, idk, the era of the Roosevelts) have a very different leadership class, with competing interests that were more complicated than "number go up", even in the corporate class. Since the Kennedy assassination(s!) in the US, I don't think we've had a single leader (corporate or political) who has publicly and sincerely questioned that narrative. At this point we struggle to imagine a civilization with alternative priorities, but history is littered with examples.