AI6YR on Nostr: Hank G ☑️ npub1u27r9…a3qfq npub1grx4w…suxfe I have spent a huge part of my ...
Hank G ☑️ (npub1agu…j0sk) npub1u27r9h3j9pvrplaffsmpn698e8xhmuqhdgcxldv67ammql9pumnqha3qfq (npub1u27…3qfq) npub1grx4wzqldf8clxusxpz78adjcukkqvdkhf8amsdhr6sy3ctuu2fqvsuxfe (npub1grx…uxfe) I have spent a huge part of my career working with VCs directly, and the fundamental problem with applying VC to the Fediverse, is the one and only goal of VC is: how can I make an outsized return on capital, by making an investment in a set of founders/a company which can dominate/transform an industry, and extract the greatest amount of dollars from that industry. There is a fundamental mismatch between that goal (making as much money as possible while shutting out competitors) and the open nature of the Fediverse.