I hate tech becoming special to be honest. I think it summons many bad associations in people not in tech. And many of them are justified, as with notoriety came a lot of opportunism. And the normal scammer is just the most superficial example here but overall the advertising industry comes close. Maybe it will shrink if some societies notice that there is no potential if people are too poor to buy some luxury crap.
VC certainly did drive innovation, capital that was just available for others to make something of it. But that had a lot of bad sides to it. Aside maybe from Google big tech companies try to fortify their market dominance. I heard from some that Microsoft has changed, but I believe this to be a naive illusion.
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[ 4.2 ms ] story [ 17.5 ms ] threadVC certainly did drive innovation, capital that was just available for others to make something of it. But that had a lot of bad sides to it. Aside maybe from Google big tech companies try to fortify their market dominance. I heard from some that Microsoft has changed, but I believe this to be a naive illusion.