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by azernik
3895 days ago
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This article tries to refute two different types of arguments, and in the process confuses them. The empirical arguments ("this isn't happening!") it refutes quite well. The normative argument ("this is a bad thing!") it does less well at. Ownership in these companies is cut off from the rest of the economy, but the Economist seems to think that this trend is only worth reporting if the social issues can be brushed off. They cannot. SeedInvest is not a substantial source of capital on the same level as privately VC funds. Mutual funds, maybe. |
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