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by ThrowawayR2
3362 days ago
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> Because under the conditions of contemporary Capitalism, believing in venture capital as your ladder to the moon is as mythically fictitious as your description of unions. We have before us, in the form of Y Combinator and other accelerators, many examples of successful businesses started using VC by ordinary people such as you and I. And, as a former resident of Detroit, I quite assure you that my portrayal of unions comes from observing their behavior over quite some time and I am far from alone in having first-hand experience with their, shall we say, drawbacks. So forgive me if I fail to see the "mythically ficticious" bits here. I will agree that many modern worker protections do stem from the risks taken and sacrifices made by organized labor nearly a century ago and that we ought all to be grateful for that indeed. However, that was then, this is now. History is fine but what unions are in the United States today is something that many software professionals, including myself, don't wish to be a part of. |
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Well no. We have many examples of successful businesses started using VC by people with family money to subsidize away the risk to their living expenses.