[KKKKkkkk1]

With all these ruthless profit-maximizing firms on Wall Street, it's nice that Silicon Valley VCs have given up on maximizing profits since the early 2000s [0]. Gives them more opportunities to focus on making the world a better place.

[0] https://blogs.cfainstitute.org/investor/2020/02/17/venture-c...

[objektif]

They now maximize ad click which will save all of us do not worry.

[jackcosgrove]

I think VC is a combination of status seeking, fun, and genuinely trying to advance things. Making money, not so much.