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by dominotw 20 days ago
yc circular funding scam
3 comments

Exactly. It's like employees of an oil company buying gasoline for their vehicles. Just no value created.
The employees are proud drivers of Teslas.
A "self-licking lollipop."
to be fair-ish to them, that's the playbook of all VCs.

that's why every mayor vc firm has one datalake, one cdn, etc etc.

they know their investment will go to these, why not keep it in their own ecosystem by some verticalization?

...the absurdity with Ai is when even competitors join in