VCs created #SurveillanceCapitalism; they’re not going to provide both the poison and the antidote. https://twitter.com/cpinto/status/978215044264742914 …
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Aral Balkan Retweeted Aral Balkan
We need alternative ethical sources/models of funding where the success criterion isn’t astronomic growth in number of livestock addicted/farmed & where the return on investment isn’t the sale of the company (the exit). Commons funding is one possibility. Dividend-based, another.https://twitter.com/aral/status/978221034808729600 …
Aral Balkan added,
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Replying to @aral
I am very much interested in finding out if there is an alternative to VC at early stages, if one does not have rich parents. Banks are risk-averse, so that’s likely to be a no. What remains is state and crowd, at the moment. By commons you mean crowdfunding platforms, right?
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Not just crowdfunding (& definitely not equity-based crowdfunding) but taxes; commons money. E.g., the City of Ghent is supporting us to build our free and open, federated personal web site platform. Also, investment based on dividends, not exits.
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