Article: VC is deforming capitalism. #dumpsterfire
Sharing a fascinating article. How Venture Capitalists Are Deforming Capitalism.
It's a scathing rebuke of the VC industry and business model, and a great war story of the failure relative to WeWork as an example of this. It compares VC as "an injection of cocaine into the bloodstream of bad companies". Also critical of IB as a vehicle for selling bad companies to the public and fueling the mania.
Lots of insights.