2026-07-30 01:44 UTC
@davidcelis@xoxo.zone Well, here's my unsolicited take
Often, it does make sense to reinvent the wheel. Every major innovation in my lifetime has been dismissed as "that's just ". But the creator might be reaching for the ball bearing.
I personally wouldn't judge people for taking money from dickwad VCs, because often the choices are limited, if the creator thinks VC is the only way (it's not, but nvm).
The real question is WHY DOES BILLIONAIRE MITCHELL HASHIMOTO NEED INVESTMENT AT ALL
Replies (1)
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@neilk@xoxo.zone 2026-07-30 02:03
@davidcelis@xoxo.zone Wild guess: Mitchell is probably taking nominal investment and retaining like, 90%+ control for himself. Perhaps just as he recognized his own limitations as CEO, maybe he recognizes the need for outside voices, and a network to get his thing accepted. So some of these VCs may seem to have bad social/political priorities, but the real worry is the financial priorities common to all VCs. And none of those are going to matter, I think?