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I think he specifically speaks against maximum greed here? "create more value than you capture", "have the best product", "Being generous makes you more powerfu
by tim333 22d ago
I think he specifically speaks against maximum greed here? "create more value than you capture", "have the best product", "Being generous makes you more powerful" etc.
- AIorNot 21d agoI think its a wolf in sheep's wording - PG is a master of reasonableness to amplfiy greed behind nice sounding words - note he always says “caring about value , caring about market, product etc” but not caring about people their lifestyle or human value or even established ethical companies - everything is a hammer in the nail of disruption Meanwhile he moves his family to England and Europe to take advantage of small town life, more govt protection less screen time for his kids etc The VC model is about funding supergrowth potential sustainably for PROFITS not society Its all about extracting every ounce of profitability in any situation not about caring for employees, customers etc with the expectation that trickle down disruption will benefit society We’ve had 20 years of this in the us -are we better off?
- tim333 21d agoDunno if he's that pro VC https://paulgraham.com/venturecapital.html https://paulgraham.com/venturecapital.html