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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 JRepin@lemmy.ml to c/technology@lemmy.world

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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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[-] zik@zorg.social 13 points 1 year ago

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

[-] iopq@lemmy.world 2 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

this post was submitted on 01 Nov 2023

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