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A comment on Many VCs have stopped investing this year. Parent comment

Re:Many VCs have stopped investing this year by te_chris on Thursday December 21, 2023 @07:42AM (#38719739)
I think you're confusing the last few years for productive innovation. It wasn't. A whole bunch of valuable capital got pissed away because LPs were desperate for any gains they could get. The world is different now, gains have to be earned. Thankfully there's more than enough opportunities rather than over-funded SaaS startups providing services to other over funded SaaS startups. And that's before we even get to crypto.

Hell, I'm not even bitter, good on you all who got the grift! It was absolutely a grift, though.

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Re:Many VCs have stopped investing this year by izacus on Thursday December 21, 2023 @07:58AM (#38719865)
Isn't that also visible downstream with Chinese companies enroaching into US markets to the point where bans need to be instated to protect stagnating US companies?

Just a decade back it would be unthinkable to have Chinese companies compete on anything besides cheapness against US tech.

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Re:Many VCs have stopped investing this year by teitoklien on Thursday December 21, 2023 @08:13AM (#38720005)
That is more due to the Chinese government much more strategically investing in their economy with long term planning, instead of this polarized ping pong game between republicans and democrats

- Also, chinese companies get advantage from their currency not being the global currency, while usd being the global currency allows usa to spur up almost infinite debt and loans without any penalties, or severe inflation, it forces the federal reserves in keeping usd a stable reserve store.

This makes american exports significantly uncompetitive, while china can make its exports cheaper. Not to mention fewer regulations, negligible IP enforcement, obscene strategic IP theft from american companies at the nation state level, have all helped china reach this stage.

This wasn’t caused by VC , but rather American politicians sleeping and fighting amongst themselves when they were awake, while china ate your lunch.

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Re:Many VCs have stopped investing this year by te_chris on Thursday December 21, 2023 @09:08AM (#38720537)
Partially, but China is also struggling and needs to export to offset the shitshow in the property market and slumping demand.
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