this post was submitted on 03 Oct 2024
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eventually people are going to have to wisen up to the VC funding strategy. It's not going to last forever, i hope.
In an ideal world yes, but we've learned nothing from the Dotcom bubble, or the 2008 housing bubble.
If there is money to be made, history will repeat itself.
this is true, but for some reason i am rather optimistic about the future of this particular venture, idk why.
Don't hold your breath on the whole "wisening up to the VC funding" thing. People today still believe the moon landing was somehow faked to own the libs or something silly like that.
obviously but VC funding is predicated on very slimy concepts and it's pretty easy for the broad market forces to adapt away from it, as we see with current VC projects. We just need to somehow deal with that problem. That's the hard part though.