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Abolish Venture Capital w/ Edward Ongweso Jr.

Tech Won't Save Us

CHAPTER

The Herd Mentality in Venture Capital

I feel like as the venture capital model has kind of taken hold, what we've seen is governments stepping back from public investment and expecting the private market to do more. I also wanted to pick up on what you said about the herd mentality, right? Because I feel like this is something that we see a lot. The Silicon Valley Bank collapse earlier this year was another example of how there's these really kind of insular networks where the information travels very quickly. That can have massive impacts on the wider economy.

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