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by futurespast 329 days ago
"There is no evidence consumer products are lacking" .... silence ..... Really?

I think my assertion is self evident.

Despite having powerful computers in everyone's pockets, we have rising rates of depression, financial illiteracy, social isolation, and civic disengagement. That's not a hardware problem, it's a software problem. That's not a B2B problem, that's a consumer problem. The consumer products we have are actively making people's lives worse instead of empowering them with education, genuine connection, and practical tools for building wealth and community.

When these apps are designed to maximize engagement through addiction rather than education, we get outcomes like people spending hours doom scrolling instead of learning everything you addressed, not limited to financial literacy, community organizing, and other practical life skill. We don;'t need handouts, we need people to get smart on their terms, or they will become your headache in the streets.

On climate carbon, the "official" climate data has been repeatedly adjusted and manipulated by those who grant the research funds. Lets not act like corruption and blackmail isn't at the core of our political and financial systems (Epstein anybody?). A deep dive on climate change points that there is no "climate change". You might be young, but I remember Al Gore saying we'd be underwater by now, and this warning was parroted repeatedly almost 100 years before he even said it, with old newspaper clips proving this claim. Raw temperature data from weather stations shows we're actually in a cooling period. The carbon hysteria is largely a political and financial construct designed, similar to the covid scam (which the vaccine was planned and patented a decade before launching), to justify massive wealth transfers and control mechanisms. Real environmental issues like soil depletion, water pollution, and biodiversity loss gets ignored while everyone obsesses over a trace gas that plants need to survive. This is the problem with a lof of "smart" tech people, they aren't street smart, the trust the systems, and they challenge very little if anything. That was the early valley, intelligent punks, cyberpunks if you will.

Nonetheless, venture capital has historically delivered the highest returns of any asset class when it actually funds breakthrough innovation rather than incremental B2B tools. The "poor performance" comes from the risk averse era of funding acquisition plays instead of category creators. The garage startups that VCs used to fund, the Apples, Microsofts, Googles, Facebooks, generated the highest returns in financial history. The problem isn't venture capital as a model; it's that VCs stopped being venture capitalists and became glorified investment bankers. And lets not ignore the fact that VCs are buddy buddy with these company executives, and I'm sure they have actively stifled 1 or 2 startups coming for them in their tenure, which is why AI that they're building, ironically puts their dominance at risk.

80% of YC's next investments should be consumer apps. They can dedicate a few semesters to consumer apps. The reality is the B2B game is cooked. Enterprise will build those tools themselves now, accept it. So when there's nothing left to invest in after the B2BAAS religion dies, the only logical conclusion is to return to the roots, and fund big, bold ideas that challenge the status quo, or VCs need to admit they had a good run and live off revenue from their legacy goliaths.