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.

  • @mods_are_assholes
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    211 months ago

    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.

    • @Knock_Knock_Lemmy_In
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      111 months ago

      Before Neoliberalism, VC type investing was done with a view for the future.

      Who were the VCs of the 19th century?

    • @Telodzrum
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      -411 months ago

      Bad, horrible, revisionist take. The idiots now are the same as the idiots then, they just were your heroes so you don’t want to hear it.