[ChrisCinelli]

That most of the VCs care is making attractive the company between their investment and their exit, it is completely true.

That is also why quite often they bring in (and sometimes replace founders with) "professional" executives before the IPO. Some of these people are not usually the best people to maximize the long term trajectory of the company but they bring more confidence to IPO investors.

If you want to have a successful relationship with them, you had better know their motives and timelines and make sure your company is one in the fund that looks is going to return enough for their game.

[john_moscow]

I find it funny how the ethical side of those games is always conveniently ignored...

[metildaa]

Ethics reduce profit, thus they are ignored when there is no regulator or law enforcing them.

[yellowbuilding]

Capitalism does lend itself well to technical innovation, which is beautiful but not ethical. And with that beauty comes technical debt in it’s cultural form: decadence.

The societal accomplishments of capitalism are effectively distraction and insulation from the side effects of complexity.