Just know that alot of startups with all star founders are closer to delve than not.

Its mostly marketing, "look at this MIT genius that noticed something about legacy xyz industry that no one else did"

Truth is venture funds are allocating a limited pie of what is really societies capital to people that dont deserve it

It's almost a cycle.

Something bad happens because of lack of regulation -> People strive for regulation -> Govt's actually regulates and sets some norms/procedures -> system works for a while -> Then someone takes the same idea and molds it into something else to bypass the regulation -> they get promoted because they are "clever" and get rewarded -> Then something bad happens as the tool is used by public.

From Prediction markets to Buy now, pay later to Delve to so many other things.

Is there a name to this particular phenomenon, because this just keeps on repeating in multiple industries.

> Truth is venture funds are allocating a limited pie

This pie does not seem that limited recently.