VC with its hard-wired exit and sociopathic focus on growth gave us #SurveillanceCapitalism and the monopolies of Google, FB, etc., by investing in people farmers (selling people has always been profitable) and incentivising acquisitions. Other models: commons funding, coops…https://twitter.com/fdestin/status/964816676880637952 …
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Aral Balkan Retweeted Aral Balkan
Let me state this as clearly as I can: you cannot create ethical technology infrastructure using venture capital. VC is a core pillar of #SurveillanceCapitalism. It will not fund its own undoing. Alternatives must be funded alternatively. If in the common good, from the commons.https://twitter.com/aral/status/964818215623888897 …
Aral Balkan added,
Aral Balkan @aral
VC with its hard-wired exit and sociopathic focus on growth gave us #SurveillanceCapitalism and the monopolies of Google, FB, etc., by investing in people farmers (selling people has always been profitable) and incentivising acquisitions. Other models: commons funding, coops… https://twitter.com/fdestin/status/964816676880637952 …
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3:10 AM - 17 Feb 2018
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14 retweets
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