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by amelius
3131 days ago
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> I would say that almost all VC money goes towards executing various predatory strategies. It's not just VC money. For example, YouTube has been financed by Google search, operating at a loss for many years, driving competitors out of business and raising barriers to entry. |
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If this keeps going, eventually we're going to end up with one giant mega-corporation which owns everything. There will be no more government to protect citizens; everyone will work for that company and it will be the most unfair class system imaginable.