| ▲ | aliasxneo an hour ago | |
Well said. To be fair, there is a proposed healthy income stream to the company proper, and the investors are buying equity in the company (at relatively low scale, >$20M ARR). But that's sort of an "old school" play and it seems most VCs want more than just equity. Or if they do take equity, it comes with some insane pump and dump plan that would destroy the very thing we're building. But I think the broader point I'm making is that what _is_ making all of the money nowadays is increasingly unethical and counter-productive to society. For example, see Kalshi and co. That, in our experience, is what the VCs are in all of the rage for right now, and as I said it's completely antithetical to our vision. | ||