this post was submitted on 01 Nov 2023
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Hey tech billionaires, if you want to talk about radical change, let’s abolish venture capitalism (www.theguardian.com)
submitted 1 year ago by [email protected] to c/[email protected]
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Do you support sustainability, social responsibility, tech ethics, or trust and safety? Congratulations, you’re an enemy of progress. That’s according to the venture capitalist Marc Andreessen.

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[–] [email protected] 12 points 1 year ago (1 children)

Post-1980s tech companies maybe. But not most companies, no.

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

Well, yeah, it didn't really exist before the 1970s in its current form. But it's not just tech, other companies like FedEx also got VC funding in the early stages