Yeah I’ve been hearing rumbles of the PEification of VC for a while https://twitter.com/jpschust/status/1280999291637633032?s=21 …https://twitter.com/jpschust/status/1280999291637633032 …
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Venture funding is a mechanism. I suspect that the new phrase should be "growth oriented." You can be growth oriented and take many forms of finance or be located in many different places (or decentralized for that matter)
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"growth"-orientation is ill-posed with no mention of time & scale. If you were maximally growth oriented, you'd have a maximally spread portfolio of worthless things going from 0 to 0.01 very quickly. Why worry about headroom if you're growth oriented? Like Buffet said re 50% YoY
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Not in the interests of the power structures of society, but I feel like one potential source of innovation energy is going to be community based not capital based, with more local, organic innovation happening to try to reboot stuff around real peoples needs on the ground.
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This is what I was going to reply with, but it seems as though that may be wishful thinking on my part. I’d love to see more community-based, collaborative efforts, but we seem to be trending towards prioritizing the individual and accelerating growth.
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Decentralized Autonomous Organizations and other blockchain based coops. See Augur, Compound, Moloch etc.
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maybe the citadel defense industry
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The small, family-owned manufacturing company I work with,
@BetterShowers, is celebrating its 10th anniversary of making#AmericanBuilt products (and 11th year in business). Profitable, highly reviewed. Organic growth - not externally-funded. If one is patient – another model? -
They just received a second patent, following their first patent (in 2007) for their globally unique nozzle tech.https://twitter.com/BetterShowers/status/1278022786481451008 …
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