Earlier quoted context omitted.
tech has become a cesspool of slimy founders + and unbridled capitalism - this needs to stop for the greater good
In 20 years I haven't seen a time where this wasn't the case. Seed money is the first to take the risk and deserves the majority share of profit VC (series A,B,C) are putting in the most money and brining big hitters for the board and advisors. They clearly deserve the majority share. Founders do all the work and it's their idea so they deserve all the money. The second generation leaders productive, operationalize,…
Somewhere in the past few decades we've conflated the two - and a larger portion of our population believe that Capitalism is the goal. It's not, it's a way to achieve our goals. It is efficient, it is effective, it will always have little to no morals and consolidate in the hands of the few. That is not a judgement of the system it is an assessment. No different than stating a hammer will will work well with nails and poorly with screws.
We as a world society (and particularly an American socienty) need to refocus on what our goals of society are. And actively decided when to use and when to rein in specific tools to achieve our goals.
Absent of focusing on goals, our tools become our goals and we get the results we're seeing today.