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by onion2k 2241 days ago
The problem is that if your idea isn't a CRUD app then finding funding to pay for the expenses is effectively impossible outside of raising from friends and family. VC funds (and especially public money that VCs control) should be invested in genuine innovation, not yet-another-Uber-for-meal-kits.
1 comments

I agree that would be nice if it were true. But that's manifestly not the business VCs are in. Their behavior is a pretty predictable outcome of our society's current ideology around capital.

That could change, of course. The pandemic is making it clear how threadbare that ideology is, so perhaps we'll return to valuing things beyond a high rate of shareholder return.