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by rchaud 1102 days ago
US defense research gave us DARPA, the first step towards the Internet.

What are we getting via VC-led industrial policy? More jobs in selling advertising?

2 comments

> What are we getting via VC-led industrial policy?

Oh, its much worse than that, it exposes the hyporacy of hustle culture, and entrepreneur porn entirely if you're paying close enough attention with things FTX.

The covertness of ivy leagues parents leaning on the VC heavy hitters (Sequoia et al) and making this Sam and his girlfriend to be a super genius' while operating like 2-bit clowns with almost no oversight or due diligence and bribing politicians to get favourable legislation in place for them to corner the market.

I wish it were just crumby ad jobs, but it goes way deeper.

I completely agree, just want to point out that I think you mean ARPANET.

DARPA is the agency that funded ARPANET, and other defense research.