Technology

59197 readers

3004 users here now

This is a most excellent place for technology news and articles.

Our Rules

Follow the lemmy.world rules.
Only tech related content.
Be excellent to each another!
Mod approved content bots can post up to 10 articles per day.
Threads asking for personal tech support may be deleted.
Politics threads may be removed.
No memes allowed as posts, OK to post as comments.
Only approved bots from the list below, to ask if your bot can be added please contact us.
Check for duplicates before posting, duplicates may be removed

Approved Bots

founded 1 year ago

MODERATORS

706

Hey tech billionaires, if you want to talk about radical change, let’s abolish venture capitalism (www.theguardian.com)

submitted 1 year ago by JRepin@lemmy.ml to c/technology@lemmy.world

151 comments fedilink hide all child comments

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.

you are viewing a single comment's thread
view the rest of the comments

[–] msbeta1421@lemmy.world 4 points 1 year ago* (last edited 1 year ago) (1 children)

That’s a bit myopic. VC is just a fancy word for large financial backer.

You can basically credit the entire age of discovery (America, Australia, etc.) to “VC” in the form of kings and wealthy elite financing voyages.

I think modern VC goes awry when they become defacto decision makers for the venture in question.

[–] mightyfoolish@lemmy.world 1 points 1 year ago

VC accomplishments:

✅ Genocide