Earlier quoted context omitted.
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I suspect that weapons producers don't have a shortage of investment opportunities. Their customers include militaries and police departments. And if it's "just politics," the finance industry skews right and the NRA is one of the most powerful lobbies in the US. If ivestors are distancing themselves from the gun industry, I'd assume that it's good ol' fiscal conservatism: mass shootings are on the rise and they don'…
Vice Ventures is investing in taboo industries that other funds won’t touch
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Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#52Earlier quoted context omitted.
In that there’s actual wagering being done over outcomes, and platforms built to facilitate same.
There's wagering over outcomes of normal sports too.
Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#53Earlier quoted context omitted.
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.
"Esports" typically refers to professional competitive gaming, not to video games in general -- the focus is on viewership, not participation. There are some related side industries which might fit that description (like esports betting sites), but the industry itself isn't particularly "addictive", at least no more than traditional sports. The classification of sex and pornography as "addictive" has been controversi…
Porn, you can call it anecdotal, but over a decade in that industry taught me, its certainly addictive for some, and is are some very manipulative marketing going on by the smarter companies. But i do see the opposing argument, people get addicted to all kinds of strange things and nothing about porn per se is addicting. it's that ending they are addicted to, not the content.
Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#54I find Unknown Fund more interesting: https://www.unknown.fund/
Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#55Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#56After 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
#57Earlier quoted context omitted.
In that there’s actual wagering being done over outcomes, and platforms built to facilitate same.
There's wagering over outcomes of normal sports too.
Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#58Earlier quoted context omitted.
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
This is true for major manufacturers that have been around for decades or even centuries. Small start-ups have a much harder time finding funding.
Re: Vice Ventures is investing in taboo industries that other funds won’t touch
#59Earlier quoted context omitted.
Compared to watching TV?
I think they’re roughly the same... if you spend four hours a day playing video games or watching TV most people will judge you negatively for it