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    Alberto Cottica (alberto_cottica@mastodon.green)'s status on Sunday, 21-May-2023 21:00:02 JSTAlberto CotticaAlberto Cottica
    • Cory Doctorow

    "The burgeoning "secondary market" for managers' shares has turned investors and managers into co-conspirators in the Venture Predation bezzle: "half of Series A and B deals now have some secondary component for founders." That means that founders can cash out before the bezzle ends." https://pluralistic.net/2023/05/19/fake-it-till-you-make-it/#millennial-lifestyle-subsidy by @pluralistic

    In conversationSunday, 21-May-2023 21:00:02 JST from mastodon.greenpermalink

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      Pluralistic: Venture predation (19 May 2023)
      from Cory Doctorow
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