For more than a decade the fed has spoiled VC to expect that money could just be borrowed for nearly free.
Depending on where one lives, but many people have access to "free" government services, ranging from roads, education, unemployment security, healthcare, and more. The costs of these services are payed by taxes.
Some "free" services are sustained via donations. Wikipedia is a good example of this.
Some people might say that those are not examples of "for free", because someone is paying for those things, either via taxes or donations. They do have a cost for society. Yes, but in that case then ad-based services are not free either: the advertisers are putting the money to run those services, and the society is also paying a huge cost in thousand of hours of people's lives wasted down the drain, promotion of harmful products, scams, etc.
Require something in return.
Flightradar24 gives ad-free subscriptions to users who pay $20 or so for an RTL dongle and feed it data.
YoutTube is making money, somehow, off of us. Is it not our right to reclaim the excess value we are creating for them? Why is only okay for trillion dollar companies to have free lunch?
Excess value is real, measured not from the margin, or even money that goes back into the org, but value that is 100% extracted from the organization, often at the detriment of the org for the sake of shareholders. Its very often just parasitic.
People are so entitled now, "nooo i need my investments doubled at all costs". I have little sympathy for professional investors that have tied the global economy to short term private gain over long term sustainable growth. Its a rich child's game.
Say, for example, a certain bank where to listen to the Fed and invest massive piles of cash deposited after currency debasement into federal notes and bonds. If those notes where purchased when the story was interest would remain zero only to face 4-6% interest months later, the investor could well need a quick win to dig out from those now toxic assets that can't be sold at face value.
> other times it's to cover existing bets
This is my issue. Our economy has become a casino for these professional investment firms with lots of capital to try to strike it rich. This is not a healthy way to run a system that determines who lives or dies in a big picture sense.
The economy has become a game for people with connections. It no longer matters if a business is healthy or profitable, if it does not work within this grand casino. The search for constant growth is killing us all.