[dzonga]

> Consider the risks of VC backed initiatives, which far more often than not, return less than market salary to entrepreneurs, and less than the S&P 500 to capitalists.

once people get honest about this - that VC losses tend to be tax write-offs

& that prior to the VC model - you investors with skin in the game via equity | debt.

then maybe people will stop hyping up VCs and start doing things in a sustainable manner.

but to the gilet wearing hierarchy on the coasts - I'm being a heretic.