• scruiser
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    1 个月前

    That was a solid illustration of just how stupid VC culture is. A run into people convinced capitalism is a necessary (and some of them also believe sufficient) element of innovation and technological advancement, like it doesn’t regularly flush huge amounts of money down the toilet like this.

    • lagrangeinterpolator
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      1 个月前

      When capitalism did contribute to innovation and technological advancement, it was through stuff like Bell Labs, which was funded by a corporation but functioned in practice like its own research institute. I think that the idea of Bell Labs is a little offensive to present day venture capitalists, though. What do you mean, innovation comes from scientists and engineers? We all know that innovation comes from plucky, young, hotshot founders with big ideas who go against conventional wisdom!