@5amStartups Not just venture capital. The need for (any) capital & ROI will do, to undermine #privacy.
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Investment could be in sustainable returns – e.g., share of revenue. *Capital/equity investment* = problem.+
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May not be enough. As long as any other anti-privacy tech is funded it's a tech arms race. Impossible situation, no?
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Hard problem, not impossible. Especially if we start paying for the commons out of the commons. +
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LOL, yes. We only need to fix the management of the commons problem. Leads to "fix democracy", hmm. </wet-blanket> +
@5amStartups
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at FinTech conference this week and this stuck out as an alternative http://www.forbes.com/sites/amyguttman/2016/02/26/how-an-entrepreneur-achieved-a-150m-valuation-for-his-startup-with-no-venture-capital/#7a8d5850ee6b …
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Interesting. Would be interested in chatting to them at some point.
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Or that complicated, as the case may be.
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Indeed :)
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no hope for ethical VCs? Can't privacy be a differentiator? Is the temptation to monetize data too strong?
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VCs invest in the exit, not sustainable long-term success. Cannot protect the social mission when you must sell for ROI.
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good point. Also sounds like a potential strike against public limited companies, at least in their current form.
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agree but the solution is not yet clear. For one, basic income could be a start.
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Depends on the kind of basic income we’re talking about. The Silicon Valley kind definitely doesn’t spell social progress.
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the universal kind I think can go a long way, but it's still not a panacea.
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what you are saying is "Capitalism and privacy are incompatible." right?
Thanks. Twitter will use this to make your timeline better. UndoUndo
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This is true. We are some way to solving that question of independent funding with the
#CC.Thanks. Twitter will use this to make your timeline better. UndoUndo
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