When you invest your time or money somewhere you’re making a decision about your taste, preferences, what you support, and what you want to see in the world.

I like to support builders and the innovations that people bring to the world by spending my time/money on helping new projects get started or succeed just a little bit faster. But I’m still using my personal judgment/opinion. I can’t recuse myself from the outcomes as generically “just supporting innovation”.

I think a lot of the overstuffed ecosystem of startups and venture capital like to hide behind the positive vibes of “supporting innovation” to imagine they’re not responsible for the choices they make. Everyone’s time and money is limited. Spend it on what you want to see in the world. 

 VCs are so whack. 

Private/public equity is the way. 

 Isn’t VC just a form of private equity? What alternatives do you have in mind? 

 VCs models are built in a way where their capital has to be placed in a certain time period & their risk is forced to be spread.

Private Equity can take their time, concentrate bets, take control of companies more readily & have more patience in the process without having this exit at all costs mentality. 

 each model has its perverse incentives that the pack usually follows. each can be done while avoiding those incentives, too. 

 This is a cop out IMHO, 

VCs are usually spray & pray toxic cultures that promote their portfolios like some sort of silicon valley resumé.

Is what it is, but I have yet to see one avoid any of the perverse incentives. 

 you should meet @Max. he’s a real one. bitcoin only. 

 Nice! I look forward to changing my mind 🫂💜🫡