They used to be at the pinnacle of the VC sector, and now they seem to actively seek out the most toxic portcos possible.
They used to be at the pinnacle of the VC sector, and now they seem to actively seek out the most toxic portcos possible.
> Anti-colonialism has been economically catastrophic for the Indian people for decades. Why stop now?
People who get to what seems like infinite money only do so because they were seeking money as a means to power for which they have an insatiable desire in the first place, its not that getting to (even practically) infinite money triggers the desire for unlimited power, its that it is a symptom of it.
My actual guess is that they got way too big, both in terms of headcount and fund size, to limit their investments to what is expected to be the best of the best in terms of financial return and societal impact.