[dzonga]

maybe it's the peculiarity of the tech industry to make it seem they're doing something entirely new & different in the world.

how did unproven, fringe ideas get funded before the 1960s ?

you either took a loan, some rich patrons put some money or you were financed by vendor financing. most of these terms were not humiliation rituals. they were built on trust & knowing each other.

the bad & good were funded that way whether merchant expeditions, slavery, colonialism, steam engines.

you didn't have Venture capital. & soon enough venture capital will disappear altogether.