Tech Used to Be Bleeding Edge, Now it’s Just Bleeding | After a decade of scandals and half-assed product launches, people are no longer buying the future Big Tech is selling.::After a decade of scandals and half-assed product launches, people are no longer buying the future Big Tech is selling.
Before Neoliberalism, VC type investing was done with a view for the future.
Nowadays it’s all ‘drain the value, dump the husk, move on to the next startup’.
It’s parasitic and on a scale never before seen in human history.
Who were the VCs of the 19th century?
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