The government also stands to benefit greatly if they throw their weight behind smart ideas, just like VCs. It would be interesting if the government could fund itself with investment.
VC returns are overall much worse than the S&P 500. The top firms are potentially better but that's a very limited investment pool. Softbank has shown what happens if you try the VC approach with a massive pool. Not good returns. The core value of VC has historically been due to it being uncorrelated with the stock market. That allows it to be a risk hedge for investors. The perception is that it is no longer uncorrelated so even that value is mostly gone.
The US government invests in growing the economy, or tries to, which increase tax revenue which gives the government more money.
edit: Also it's not that top VCs are better at finding investment but rather that their social capital means they provide values to companies beyond the investment money. As a result companies that are doing well which choose to take money from top VCs versus other VCs. As a result the model doesn't scale since there's a limited pool of top companies to invest in.
Let's focus on the real enemy TikTok. </sarcasm> Why isn't there more focus on Russia. Not saying China isn't spying but that why the CIA gets billions. Russia is actively blowing shit up.
I don't know that this is true, but to even suggest that Microsoft is the component one vs Google really shows how much things have changed in the last 20 years...
Google was never benevolent, no for-profit business is. It was baffling to me how many developers took "Don't be evil" at face value, particularly for an almost completely advertising funded (i.e. highly motivated for enshittification) corporation.
> It was baffling to me how many developers took "Don't be evil" at face value
In my opinion a little bit more care must be taken here:
The "don't be evil" slogan was in my opinion both a blessing and a curse for Google: a blessing in that people initially trusted that Google does not intend to do something evil; a curse in the sense that when they started doing things that were considered "evil", it lead to a massive reputation damage for Google.
For cloud programming, I find ChromeOs linux performance to be perfectly acceptable. The price penalty on Apple products is too high.
I also HATED the fact that I has to give Apple my credit card to get it to work. Apple treats your laptop like it owns it. I was unable to delete Itunes and had to sign Terms of Service that I didn't want.
always ON monitoring from Google is the price penalty for a chromeOS.. personal profiling held without public access.. history says this never goes well..
The solution is similar to WW2. Build disposable ships faster than the enemy can sink them. This would work against most enemies except China can build them even faster
This. And related: I don't want to have to try your system in order to get pricing. I've seen that a couple times, particularly for things that are in beta, where you don't even see pricing until the end of the trial period.
Integrating a new system requires some effort. And there are some systems, like the one in question here, where there's a real cap on how much value they could possibly provide for me, even if they're perfect.
If I can't see whether the pricing falls in that range before I need to sign up, I'm just not going to seriously consider it for most services.
This is really one of the worst patterns in the SAAS market.
I don't want to provide my data to multiple services just to be able to compare their prices and find out which one I'm actually gonna use. At first this will lead to countless automated mails from all those "founders" asking why I haven't started paying yet, and if I'm unlucky my credentials end up on haveibeenpwned.com…
