After closing the huge sign-up popup, dismissing the Medium-App-suggestion and closing the cookie-banner I lost all interest in reading the article, which is a shame. I sometimes hate the internet. At least the HN comments were insightful, unlike my rambling. Sorry about that.
Vice Ventures is investing in taboo industries that other funds won’t touch
41–50 of 145 posts
Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#42I’ve mentioned this before, but the firearms industry has a similar issue, caused by the same clauses. Local gun stores often pay very high fees for credit card processing relative to other retail stores - and unlike gambling and pornography, this doesn’t seem to be supported by a higher chargeback rate as best I can tell. They’ve just been “lumped in” because of the regulated nature of some of their products. I say…
Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#43After closing the huge sign-up popup, dismissing the Medium-App-suggestion and closing the cookie-banner I lost all interest in reading the article, which is a shame. I sometimes hate the internet. At least the HN comments were insightful, unlike my rambling. Sorry about that.
Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#44After closing the huge sign-up popup, dismissing the Medium-App-suggestion and closing the cookie-banner I lost all interest in reading the article, which is a shame. I sometimes hate the internet. At least the HN comments were insightful, unlike my rambling. Sorry about that.
Related to an HN article from earlier this week: you might consider trying the Brave browser. With it, I didn't experience any of that.
Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#45Earlier quoted context omitted.
Yeah, its not that they have no moral compass, its just that it points in a different direction to many people. I don't have a problem with sex tech or esports but want nothing to do with addiction. I wonder if they would also fund email spammers if there was money in it.
Yet sex/porn and esports are both addicting. How does that math add up? Games maybe not so much by nature, but the publishers are trying everything they can to increase your time in game.
The classification of sex and pornography as "addictive" has been controversial, and all I'll say about that is that there is no scientific consensus that they should be considered as such.
Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#46Why is esports listed as a vice-venture?
Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#47Earlier quoted context omitted.
Related to an HN article from earlier this week: you might consider trying the Brave browser. With it, I didn't experience any of that.
it auto-closes sign-up popups and cookie prompts ?
Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#48I’ve mentioned this before, but the firearms industry has a similar issue, caused by the same clauses. Local gun stores often pay very high fees for credit card processing relative to other retail stores - and unlike gambling and pornography, this doesn’t seem to be supported by a higher chargeback rate as best I can tell. They’ve just been “lumped in” because of the regulated nature of some of their products. I say…
I think most of the firearms industry serves police and military and I don't think that part has trouble getting finance of whatever sort it might need. Retail gun sales are a somewhat exceptional little piece of the overall arms industry. Many nations that control access to arms for their citizens still maintain and support an arms industry, including small firearms. https://en.wikipedia.org/wiki/Arms_industry
Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#49After closing the huge sign-up popup, dismissing the Medium-App-suggestion and closing the cookie-banner I lost all interest in reading the article, which is a shame. I sometimes hate the internet. At least the HN comments were insightful, unlike my rambling. Sorry about that.
Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#50Earlier quoted context omitted.
I think your comment is interesting because it demonstrates how inadequate the left wing - right wing view of the world is. A lot of "left wing" energy is spent trying to kill the gambling and nicotine industry.
Not really. The left tends to oppose government restrictions, as opposed to the center and center-left (liberals).