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.
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.