Re:Venture Capitalists Are Deforming Capitalism
by leoedin on Monday November 23, 2020 @12:47PM
(#25189411)
The entire article is about how "dumb money" is distorting things. The distinction between dumb and smart money is irrelevant - VC money is distorting the economy in a way which benefits a handful of large investment firms and destroys many viable businesses.
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Re:Venture Capitalists Are Deforming Capitalism
by partingshots on Monday November 23, 2020 @12:56PM
(#25189509)
> A fool and his money are soon parted.
Re:Venture Capitalists Are Deforming Capitalism
by Red_Leaves_Flyy on Tuesday November 24, 2020 @07:19AM
(#25197755)
In the time between a fool acquires money and becomes destitute they can topple governments, commit genocides, destroy ecosystems and generally terrorize billions of people. I don't care about a billionaire losing everything on craps. I care greatly about idiots usurping democracy in coups, force feeding propaganda through willfully oblivious social media companies, and other melt
methods.