Do you support sustainability, social responsibility, tech ethics, or trust and safety? Congratulations, you’re an enemy of progress. That’s according to the venture capitalist Marc Andreessen.

  • iopq@lemmy.world
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    1 year ago

    Except for funding the majority of the companies that exist, you mean

    • MajorHavoc@lemmy.world
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      1 year ago

      By shear numbers, most companies are small mom and pop owned businesses.

      Edit: The VC shills are out in force. Go read an economics paper if you're serious about learning something.

      • KarmaTrainCaboose@lemmy.world
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        1 year ago

        Do you have a source for the claim that VC funded companies would have been replaced by equivalent companies if VCs did not exist? I find that somewhat hard to believe.

    • zik@zorg.social
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      1 year ago

      Post-1980s tech companies maybe. But not most companies, no.

      • iopq@lemmy.world
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        1 year ago

        Well, yeah, it didn't really exist before the 1970s in its current form. But it's not just tech, other companies like FedEx also got VC funding in the early stages