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[-] dinckelman@lemmy.world 78 points 2 months ago

I genuinely just don't understand what's going on in the tech sector anymore

[-] Croquette@sh.itjust.works 29 points 2 months ago

VC funding is basically gambling, trying to find the next billion dollar company. So they throw money at anything that has any semblance of traction to get in early and cash out when the time comes.

[-] xenoclast@lemmy.world 6 points 2 months ago

Gambling with OTHER PEOPLE'S money.

You win, you take a cut. You lose. Someone else suffers.

These people destroy everything for greed.

[-] desktop_user@lemmy.blahaj.zone 0 points 2 months ago

how did they get access to other people's money?

[-] PriorityMotif@lemmy.world 2 points 2 months ago

Probably by being attractive

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this post was submitted on 02 Oct 2024
496 points (99.6% liked)

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