this post was submitted on 31 Dec 2025
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TechTakes
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Big brain tech dude got yet another clueless take over at HackerNews etc? Here's the place to vent. Orange site, VC foolishness, all welcome.
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When capitalism did contribute to innovation and technological advancement, it was through stuff like Bell Labs, which was funded by a corporation but functioned in practice like its own research institute. I think that the idea of Bell Labs is a little offensive to present day venture capitalists, though. What do you mean, innovation comes from scientists and engineers? We all know that innovation comes from plucky, young, hotshot founders with big ideas who go against conventional wisdom!