News for hackers. Stuff that matters.
Re:Three Paths in the Tech Industry: Founder, Executive, or ... by loceng on Thursday September 28, 2017 @03:55PM (#15360208)
You have to change the way money/funding is acquired, otherwise the pressure structure and hierarchy for will lead to this. This system would fall apart - in a positive way - if we have a good quality of life with Universal Basic Income. People could then work on projects without requiring an external source of funding, and so then the best projects/platforms/systems could evolve over 5, 10, even 20 years - without pressure from VCs wanting any return at all.

VCs have limited attention and those who are best at being loudest are likely to capture that available attention - similarly some people try to win arguments by being louder and making more noise than others.

There are no comments on this comment yet.