VCs Are Just Tired
techcrunch.com
VCs Are Just Tired
1–10 of 91 posts
Re: VCs Are Just Tired
#2This is just one person's anecdotal experience.
Re: VCs Are Just Tired
#3I have a really hard empathizing here, VCs in many ways represent the robber barons of the 21st century.
In WeWork, the world saw a blatant attempt by VCs to dump a severely overvalued and overhyped company into the public markets so they could cash out.
In Facebook, we saw VCs fund one of the world’s largest and most successful surveillance capitalist enterprises, one that still seems to be going strong, despite the ridiculous number of scandals plaguing Zuckerberg. VCs made him invincible.
We’re seeing gig economy companies find new and creatively unsavory ways to screw over their “not workers” (looking at you, GrubHub).
But yeah, screwing over the middle class has to be draining work.
Re: VCs Are Just Tired
#4I have a really hard empathizing here, VCs in many ways represent the robber barons of the 21st century. In WeWork, the world saw a blatant attempt by VCs to dump a severely overvalued and overhyped company into the public markets so they could cash out. In Facebook, we saw VCs fund one of the world’s largest and most successful surveillance capitalist enterprises, one that still seems to be going strong, despite the…
Please don't post in the flamewar style to Hacker News—not even about VCs. We're looking for curious conversation here.
Re: VCs Are Just Tired
#5It's almost as if capital is too concentrated, to the point that the people with who control it don't know what to do with it. Oh wait.
The basis of capitalism is markets, and the wisdom of the crowd (the "invisible hand") controlling them and making them efficient. VC's (and wealth concentration in general) are the opposite of that. They are the very-much-visible hand.
We'd solve this problem with progressive taxation and a basic income (a healthy side-helping of better funding for public services wouldn't go amiss either).
IMO, if you believe in free markets, then your position is inconsistent if you also believe if you also believe in unconstrained wealth collection. Because once that wealth is concentrated, the market is automatically distorted.
Re: VCs Are Just Tired
#6It's almost as if capital is too concentrated, to the point that the people with who control it don't know what to do with it. Oh wait. The basis of capitalism is markets, and the wisdom of the crowd (the "invisible hand") controlling them and making them efficient. VC's (and wealth concentration in general) are the opposite of that. They are the very-much-visible hand. We'd solve this problem with progressive taxati…
> We'd solve this problem with progressive taxation and a basic income.
Interested in how you definitely know for a fact and with 100% certainty that what you suggested would solve the problem.
Re: VCs Are Just Tired
#7It's almost as if capital is too concentrated, to the point that the people with who control it don't know what to do with it. Oh wait. The basis of capitalism is markets, and the wisdom of the crowd (the "invisible hand") controlling them and making them efficient. VC's (and wealth concentration in general) are the opposite of that. They are the very-much-visible hand. We'd solve this problem with progressive taxati…
The article actually hints that there are too many VCs (with lots of money, sure) and not enough good deals.
Doesn't mean your opinion is right or wrong or invalid, since I personally happen to agree with this line of reasoning, but I don't see how it fits within what the author is talking about.
Re: VCs Are Just Tired
#8Alarming indicators of an asset class bubble.
Re: VCs Are Just Tired
#9Didn't he just describe what the job of a VC is supposed to be? To go around and find good companies to invest in? As a programmer, I too am tired of working for startup after startup only to see all my hard work go down the drain because of forces that are out of my control like tired VCs. Honestly, how do you not make fun of this kind of writing? What am I supposed to actually get out of this? Are we supposed to empathize with people that are tired of doing their job? Isn't that humanity 101?
Re: VCs Are Just Tired
#10"Lack of bandwidth, hyper-velocity, a pittance of sleep"
If we are just going to put together words to describe concepts that make no sense then you are probably meeting people that have never made a dollar on their investment.
Some of the best VCs are original thinkers and will take their time making investments. The thing about them is that they will be the first to making an investment in a company even before it has become the hot new thing.