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by dovereconomics 3937 days ago
Okay, everybody will hate me.

But, why are more unicorns a good thing? Yes, there are less VCs willing to throw money at 'SOCIAL APP n', but most startups will tend to have something more concrete.

Plus, assuming unicorns are 'natural forces of free market' is ignorance and hurts the economy in the long-term. These 'natural monopolies' use/abuse a financial system created by government. In a free market(no government intervention), they'd never be able to raise as much money and takeover as much market cap as they currently do.

Less monopolies is not a signal of a interventionist economy. Quite the opposite.