There’s a joke in the big short where Brad Pitt’s character is sitting in a pub in the UK, talking about a financial detail involving millions of dollars, and the pub owner says “Are you a banker or a drug dealer, because if you’re a banker, you can fuck off!”
I certainly Sympathize with YCombinators view that certain regulations benefit big companies over startups and they want to see it be easier for startups to enter the market, but it’s harder for me to sympathize with Marc, where it seems like the history of finance is to go as hard as possible to make as much money as possible, then when the eventual crash comes, make the public pay for the losses.
Marc comes across as a proud vulture capitalist who might say something like “if poor people are too stupid to read the fine print, it would be stupid of me not to take their money!”
andsoitis•3mo ago
> it seems like the history of finance is to go as hard as possible to make as much money as possible, then when the eventual crash comes, make the public pay for the losses.
what are a couple of great examples that substantiate your view?
Photographers must really get a bad vibe off Andreessen. The shots used to illustrate stories about him and A16Z always over emphasize the egg shape of his head.
techblueberry•3mo ago
I certainly Sympathize with YCombinators view that certain regulations benefit big companies over startups and they want to see it be easier for startups to enter the market, but it’s harder for me to sympathize with Marc, where it seems like the history of finance is to go as hard as possible to make as much money as possible, then when the eventual crash comes, make the public pay for the losses.
Marc comes across as a proud vulture capitalist who might say something like “if poor people are too stupid to read the fine print, it would be stupid of me not to take their money!”
andsoitis•3mo ago
what are a couple of great examples that substantiate your view?
techblueberry•3mo ago