[Geniuzz]

I don’t understand the negative sentiment here.

What’s the problem?

Do you think less money should be going into VC?

Just some numbers ~1.5M housing units are built in the US with an approx cost of $300k - $400k. That is $450B to $600B going into housing units construction every year.

On the other hand VC has maybe $1T AUM in the US. Maybe 10%-20% of that is deployed every year? So $100b to $200B.

What is wrong with that ratio? Could there be better solutions to make more housing cheaper? (lower regulations, efficient permitting, etc)

Money moving from VC to housing seems without a first principled approach on what problem your solving and how is silly.

[znnajdla]

The problem is they’re pouring insane amounts of money into non-problems. I use Git every day. There’s no problem with Git. Real problems that people suffer with everyday like healthcare and housing and even defense are doing so pitifully and we’re spending $17M on improving Git? If you don’t see the ridiculousness you really are in a bubble.