this post was submitted on 13 Aug 2023
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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Same business model of every tech startups of the late 20 years - use investor cash to pull through years of making no money until you either crash & burn or eliminate all traditional competition and can start charging customers bullshit prices
Imagine having so much fucking wealth that you can piss away a few million on ridiculous thought bubble companies on the off chance one becomes huge and your staggering wealth can become mind boggling nation destroying wealth. Just... because?