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Joined 8 months ago
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Cake day: October 10th, 2025

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  • This is an incredibly frustrating part of my work with startups. I do economic assessments for climate tech, and if it doesn’t work on paper then you can be damn sure it won’t magically start working in the real world. There are millions of reasons a startup might fail and very few that even give a chance for success (big VC success, not just normal profitablity or survival).

    In summary I agree it’s a massive lottery, but it drives me crazy how much investment goes to lottery tickets that don’t even have a legitimate chance of success.




  • You’d think so, but unfortunately not. Venture captial is completely illogical, designed around boom or bust “moonshot” ideas that are supposed to completely change everything. So this money isn’t driven by actual consumption, rather speculation. I can’t really speak to other forms of investment but I suspect it doesn’t get a whole lot better. The economy has become far too financialised with a fiat currency that is completely separate from actual intrinsic value. That’s why a watch can cost more than a family home, which isn’t true consumption - just this weird concept of “wealth”