Re:Cryptocurreny retailer BitPrime closes trading after runn...
by woodruffw on Wednesday May 11, 2022 @10:52PM
(#31348751)
At the risk of starting a flamewar: I wonder about the relationship between the degraded practices of many startups and this sort of "got mine" mentality. The dominant pattern for startups over the last 10-15 years has been to soak up VC money, obtain massive valuations, flood the market with supply, and establish yourself as a hegemon once you've wiped out all of the stable but cash-poor competitors.
Perhaps it's excessive pattern matching, but it's hard not to see a civic relationship between the (correct) perception of startups as underhanded and the rise of an entire industry of scammers who will do and say anything to get ahead.
Perhaps it's excessive pattern matching, but it's hard not to see a civic relationship between the (correct) perception of startups as underhanded and the rise of an entire industry of scammers who will do and say anything to get ahead.