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by bazinga888 3359 days ago
No one is wanting to stop progress.

Personally, I just want a better voice in what that progress looks like. Rather than listening to venture capitalists whose sole claim to fame is making a lot of money off a social media platform. "Oh, well he got lucky in the financial lotto, so I guess I better listen to him."

SV capitalists are like yesterdays capitalists. "More capitalism" is the only solution that makes sense to them. Not necessarily because it makes sense in the big picture, but because their power and wealth rely on it.

2 comments

"... venture capitalists whose sole claim to fame is making a lot of money off a social media platform. ..."

There was the whole Netscape thing, too. I mean, way his arguments on their merits, but he's not just a random VC.

Andreessen is quoted in the article as saying ..."Most of the good ideas are obvious," Andreessen says. "They just might not work right away."

If the good ideas are obvious, why bother listening to him?

He seems to ignore that an obvious good idea still requires exorbitant amounts of capital to enable it. No one can hack together a Netscape and win big anymore, been there done that.

Honestly, this "advice" comes off as a) obvious b) tone deaf.

I was only disagreeing with the 'sole claim to fame' part. Excessive and obviously inaccurate hyperbole does not make a good argument.
How did 'he' get lucky in the financial lotto? For providing a service that practically everyone in the world wants but no one did right at the time?

How do you have progress without private industry actually making things?