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There are no (absolute) red flags in venture capital
11–20 of 70 posts
Re: There are no (absolute) red flags in venture capital
#12The red flag inherent to venture capital is venture capital. Society recently felt government accountable to the range and gradient of human conditions was immoral so it changed the rules to let private power pick and choose and private power is pricing everyone out of homes and food, which is apparently quite moral. Nevermind the state of reality we leave behind for the future; we’ll be dead. Those old religious met…
> pricing everyone out of homes and food The food part couldn’t be more wrong: https://www.ers.usda.gov/amber-waves/2020/november/average-s...
This is an article from three years ago lol.
I see bottled water being sold for $6 for a 12 pack when it used to be $2 for a 24. Convince me that isn't price gouging. It's literally plastic and water.
Re: There are no (absolute) red flags in venture capital
#13The red flag inherent to venture capital is venture capital. Society recently felt government accountable to the range and gradient of human conditions was immoral so it changed the rules to let private power pick and choose and private power is pricing everyone out of homes and food, which is apparently quite moral. Nevermind the state of reality we leave behind for the future; we’ll be dead. Those old religious met…
> Society recently felt government accountable to the range and gradient of human conditions was immoral so it changed the rules
The US did. That mentality is not present in the rest of the world.
Re: There are no (absolute) red flags in venture capital
#14> Remember: Red flags are very rarely outright fraud, and when they are, it’s often obvious only in hindsight...Look at Enron! Look at Madoff! The author's two examples of obvious fraud were called out by many people as fraudulent years before it became public knowledge. It's possible to do your own research and conclude the zeitgeist is wrong before it becomes common knowledge. It would make the argument stronger to…
yeah but nowadays everyone is constantly calling everyone out, everything is a shitcoin if it's not your favorite thing, etc, so too much noise in that
Or... a completely brand new market with billions of dollars sloshing around, varying between completely unregulated and effectively unregulated, is actually rife with actual fraud.
Re: There are no (absolute) red flags in venture capital
#15[flagged]
don't forget -Being non-male
Re: There are no (absolute) red flags in venture capital
#16Earlier quoted context omitted.
> pricing everyone out of homes and food The food part couldn’t be more wrong: https://www.ers.usda.gov/amber-waves/2020/november/average-s...
This is an article from three years ago lol. I see bottled water being sold for $6 for a 12 pack when it used to be $2 for a 24. Convince me that isn't price gouging. It's literally plastic and water.
> Convince me that isn't price gouging. It's literally plastic and water.
Not that I fundamentally disagree, but your example is probably not a great one.
First is that fuel costs were abnormally high for several months and water in plastic bottles isn't exactly cheap to transport.
Second is that plastic is sourced from oil and guess what? It's been quite expensive until the recent leveling off.
Third is that as some regions of the US start to run out of ground water due to unusually long drought conditions, the availability of local water sources also dries up and thus requires buying more expensive sources of water or bringing that water in from further away.
Re: There are no (absolute) red flags in venture capital
#17> Remember: Red flags are very rarely outright fraud, and when they are, it’s often obvious only in hindsight...Look at Enron! Look at Madoff! The author's two examples of obvious fraud were called out by many people as fraudulent years before it became public knowledge. It's possible to do your own research and conclude the zeitgeist is wrong before it becomes common knowledge. It would make the argument stronger to…
there’s always somebody yelling fraud look at herbal life as an example or amway
Aren't those clearly frauds for the people participating, but as businesses they're just somehow structured in a way to be sound investments for those on the outside?
Re: There are no (absolute) red flags in venture capital
#18The red flag inherent to venture capital is venture capital. Society recently felt government accountable to the range and gradient of human conditions was immoral so it changed the rules to let private power pick and choose and private power is pricing everyone out of homes and food, which is apparently quite moral. Nevermind the state of reality we leave behind for the future; we’ll be dead. Those old religious met…
>private power is pricing everyone out of homes
Last time I checked it was the government preventing me from building more dense housing as well as requiring parking minimums.
Re: There are no (absolute) red flags in venture capital
#19The red flag inherent to venture capital is venture capital. Society recently felt government accountable to the range and gradient of human conditions was immoral so it changed the rules to let private power pick and choose and private power is pricing everyone out of homes and food, which is apparently quite moral. Nevermind the state of reality we leave behind for the future; we’ll be dead. Those old religious met…
>private power is pricing everyone out of homes Last time I checked it was the government preventing me from building more dense housing as well as requiring parking minimums.
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Re: There are no (absolute) red flags in venture capital
#20Earlier quoted context omitted.
there’s always somebody yelling fraud look at herbal life as an example or amway
Aren't those clearly frauds for the people participating, but as businesses they're just somehow structured in a way to be sound investments for those on the outside?
If those were frauds, there would be ton of lawsuits by now given their history.
It may or may not be immoral for participants, but illegality is a much higher bar.