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A comment on Debunking “America has become so anti-innovation – it's economic suicide”.

Re:Debunking “America has become so anti-innovation – it's e... by sharemywin on Friday May 19, 2017 @10:09AM (#14375773)
The problem is the VC, stock market and the economy are becoming a giant monopoly(monopsony) engine. It's stupid to invest in competition.

VCs invest "small"(way larger than the average person can afford to start) bets on a few companies so they can dump a large amounts on the winners. Once the companies have passed the test they go to the stock market to raise even more money to further entrench their monopoly.

It used to be the market was justified because competition drove innovation and choice, but investors don't invest in competition.

[ Parent | on HN ]
Re:Debunking “America has become so anti-innovation – it's e... by sharemywin on Friday May 19, 2017 @10:12AM (#14375803)
Think of it like a systems problem. You'll only find local minima/maxima with greedy algorithms.
[ Parent | on HN ]