Oddbean new post about | logout
 Gotcha. I believe that makes sense. It would be unhealthy for large portions of the ecosystem to be centrally funded long term. Wide sustainability would take a large hit too. We need more funding models. That said, I don't think it's bad for these funds and VCs to exist and be utilized in the beginning, as long as they don't essentially become a requirement for success. They are absolutely fulfilling a need right now.