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Hey tech billionaires, if you want to talk about radical change, let’s abolish venture capitalism
(www.theguardian.com)
this post was submitted on 01 Nov 2023
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Based on my experience with venture capital, I'm not convinced venture capital has ever produced anything worthwhile.
Except for funding the majority of the companies that exist, you mean
By shear numbers, most companies are small mom and pop owned businesses.
Edit: The VC shills are out in force. Go read an economics paper if you're serious about learning something.
Do you have a source for the claim that VC funded companies would have been replaced by equivalent companies if VCs did not exist? I find that somewhat hard to believe.