Banking with the Abyss feat. Nathan Tankus
TRASHFUTURE
00:00
Venture Capital Is the Sucking Bad Way to Plan the Innovation Part of an Economy
Venture capital is a terrible way to plan the innovation part of an economy. It's because it's just about betting on everything so long as you think you can convince one other person to make a bigger bet than you. Venture capital is this whole system where no, you need to be making an income to spend. Whoopsie, it turns out spending more than your income is like kind of what you need to do to come up with new products and innovate.
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