this post was submitted on 05 Feb 2024
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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.

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[–] Telodzrum@lemmy.world 0 points 10 months ago (1 children)
[–] mods_are_assholes@lemmy.world 2 points 10 months ago (2 children)

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@lemmy.world 1 points 9 months ago

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

Who were the VCs of the 19th century?

[–] Telodzrum@lemmy.world -3 points 10 months ago (1 children)

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.

[–] mods_are_assholes@lemmy.world 0 points 10 months ago (1 children)
[–] Telodzrum@lemmy.world 0 points 9 months ago

Omg, it’s becoming self aware!