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Joined 1 year ago
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Cake day: September 29th, 2023

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  • The current strategy of venture capital is not success, but sabotage

    It’s not good enough for you to be doing well, you have to strangle the competition and introduce yourself as an unremovable bottleneck

    For example, becoming the intermediary between concerts and concert goers. The fees charged and the trouble caused is worse than if they hadn’t been there.

    Amazon makes examples out of any business that dare challenge it’s dead zone around it.

    VC money is meant to crush the competition and lock in the consumer to charge rent.

    Why would they ever want worker control, or unions?

    Why would the private healthcare industry ever stop lobbying against socialized healthcare? Why would a capitalist success ever lead to the political change necessary for it when the doctrine of capitalism is privatization

    Why would any commercial real estate firm allow affordable housing to exist when they can scalp it on investment properties and leave them empty? Why build affordable housing when the margins are small?

    Capitalism isn’t a savior, it’s just locally optimal to the people with capital.





  • There can be nice people who are bad at tech, just like there’s racist technologists

    Just because a group of nice well meaning Lemmy users is willing to suffer the pain of a poorly built app doesn’t mean they should /have/ to suffer through it

    It’s sometimes nice to make nice things. Don’t be too much of an HOA, they’re new, it’s not the end of the world.

    Just because I’m not afraid of biking with cars, doesn’t mean I don’t recognize that American biking infrastructure is hostile. We could do more to make biking safer and easier. They’ll struggle but they’ll get the hang of it.

    So too, with making nice apps to free the lay people from their digital walled gardens.