Startup Venture Capital Ponzi Scheme

Startup Bubble Ready to Pop : Startup Boom a “Dangerous, High-Stakes Ponzi Scheme”

“Such is the world of user acquisition in tech today: as growth becomes increasingly expensive, somebody must be footing the bill for all of this wasteful spending. But who?”
“The first, as you might guess, are early stage funds’ limited partners, particularly the ​future​ limited partners that invest into the next fund. Their money, after all, is what pays the VC’s newly trumped up management fee: marking up Fund IV in order to raise money for more management fees out of Fund V, and so on, is so effective because fundraising can happen much faster than the long and difficult job of actually building a business and creating real enterprise value. It might take seven to ten years to build a company, but raising the next fund happens in two or three years.”
“The antidote is two-fold. First, we need to return to the roots of venture investing. The real expense in a startup shouldn’t be their bill from Big Tech but, rather, the cost of real innovation and R&D. The second is to break away from the multilevel marketing scheme that the VC-LP-user growth game has become.”

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Sergey Brin (Google) - MBS

Google’s Saudi Ties

A representative for Human Rights Watch argued that “Mr. Schmidt has a clear moral obligation to feature the plight of Raif Badawi and other Saudi bloggers and call on Saudi authorities to release him unconditionally and without delay.” However, there is no record that Schmidt addressed free speech or human rights issues during his speech, and Google did not respond to press inquiries regarding Badawi ahead of the speech.

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Social Media

Boycott Facebook, Twitter, and Google. Here’s Why

NATO — the neoconservatives, the marketeers for firms such as Lockheed Martin and BAE — has taken over the social-media giants and much of online international ‘news’-reporting, including that of virtually all independent news-sites and blogs. Facebook, Twitter, and Google, in recent days, delivered what might be the death-blows.
The way to boycott Facebook, Twitter, and Google, is to NOT respond to their ads, but instead to blacklist their advertisers and all media that rely upon those giant social-media sites. There are competitors, and those need to be aggressively favored by anyone who doesn’t want to be mentally strangulated by these three giant corporations.
These media-giants want to strangle the public; so, the public needs to strangle them first.

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