Molly WhiteReminiscing on when I pissed off venture capitalists with an offhand remark on Crypto Critics' Corner that VCs are not good for society with a new essay about the meltdown around Silicon Valley Bank: https://newsletter.mollywhite.net/p/the-venture-capitalists-dilemma
GadgetGav@molly0xfff Boosting the heck out of this. Clear, precise take down of why it’s the billionaire VCs who are despised, not the “tech industry”.
Innovation is not a massive exit payoff for funds that were already impossibly rich to start with. If they did something worthwhile for society, they’d become appreciated.