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Re:Many VCs have stopped investing this year by __lbracket__ on Thursday December 21, 2023 @10:27PM (#38730631)
I passionately hate VC profession and wish this profession would just die. VC backed companies, with rare exceptions, end up being a net negative for the world. After the initial few years of hype, the level of their products, customer service, environmental impact, treatment of workers etc all decline. Failure after failure, the Patagonia-wearing VCs sit there with intelligent frowns or knowledgeable smiles evaluating something they know nothing about most of the time, producing results that are no better than a coin toss.
Re:Many VCs have stopped investing this year by thecleaner on Friday December 22, 2023 @04:10AM (#38732395)
yet these companies are why software developer salaries are high. If this goes your way, its the engineers who will be affected. the patagonia guys will just move to consulting and make partner etc. Which btw is another bullshit profession which doesn't make anything other than ppts.
Re:Many VCs have stopped investing this year by __lbracket__ on Friday December 22, 2023 @11:18AM (#38735580)
Which brings up an age old conundrum: How is market rewarding the pencil pushers and punishing value creators