[Affric]

The problem is that VC doesn't want to build a successful business, they want to build a profitable exit strategy. They want an IPO or acquisition that nets huge amounts of cash.

Diligently creating a business which turns a healthy profit for a fair exchange with the customer is less profitable than developing a large customer base that could be sold to someone.

Say what you will about the big players... there is no exit strategy. They are in the endgame.

[asow92]

Why else would the VC give you money to build anything in the first place? We couldn’t even be having this discussion without the decades of VC spending that’s gone into technology.

[Affric]

> We couldn’t even be having this discussion without the decades of VC spending that’s gone into technology.

Unless this is a reference to the fact we are having the conversation on the Y Combinator website specifically, it's is a fallacious argument to suppose that the only way any of our current technology could happen through the historical accidents that have occurred.

The nature of complex systems mean that larger systems process more information relevant to their continuance are more successful.

I do agree with the point underlying your rhetorical question. I am just not so certain we should be grateful for naked self interest.