A thing you’re going to start seeing more frequently: software companies entirely funded by software people, without needing to tap traditional large pools of money (VC funds backed by pensions/universities/family offices) basically ever.
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The value prop of the placement agent is getting the fund to return the calls when it's a weak investment to start with.
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It seems likely those guys will be competing with software people too.
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Interesting historical note. Doesn't this make Marx basically right on principle? (Though the specifics are wrong) Capital so cheap that it's the labor, not the capitalists, that will actually own the companies. Why he thought that would lead to equality ¯\_(ツ)_/¯
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