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Re:Pressure on startups is building with IPOs and sales stal... by justforFranz on Tuesday July 11, 2017 @02:32PM (#14746723)
I think you're absolutely right about finance being geographically imbalanced. Finance can't operate well at scale, it would seem. Finance can't process "the long tail." And when it attempts to, deployments of capital get riskier, more speculative, frothy, etc. It's a missed opportunity that hurts potential customers as well.

I have to disagree with your take on Keynesian macroeconomics, however. Republican protests against raising the debt limit are for show & they always capitulate. Plus, concerns about inflation from Republicans are not as pressing a problem now that they control the purse strings. :)

I think you could have removed anything about Keynes and had a perfect comment. Your note about Sand Hill Road is spot-on.

Re:Pressure on startups is building with IPOs and sales stal... by saimiam on Thursday July 13, 2017 @06:05AM (#14760041)
> finance doesn't scale

Scales well enough for grameeb bank and the micro lending industry. Scales reasonably well enough for p2p lending. Scales beautifully for kickstarter style platforms. If Wall Street and VCs wanted and their HNI clientele were willing, they'd set aside a portion of investment dollars towards these borrower-lender marketplaces.