“V.C.s seem like these quiet, boring guys who are good at math, encourage you to dream big, and have private planes. You know who else is quiet, good at math, and has private planes? Drug cartels.”” https://twitter.com/newyorker/status/1332318778802237440
“They were embarrassed,” a WeWork executive recalled. “They were a Vichy board, and there was obviously this tension between, like, upholding good corporate governance and frankly just saying, ‘I don’t give a fuck,”
“because my investment is getting better every day, and so it doesn’t really matter what Adam does as long as I can get my money out at some point.’ ””
I have been writing lately about the fantasy world of capitalism and how everyone becomes literally invested in making the fantasy “real” or else they all lose out. They can’t admit it’s fictional or turn against the collective delusion bc if they all just keep pretending,
They can make real money out of the fiction.
The one thing though is I’m not sure this has “deformed” capitalism—it seems like the increasing unreality and imbalance of it all are a long time coming, not limited to VC, etc. I don’t think it’s an aberration—it’s showing what capitalism looks like.
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