The largest firms cannot bear this reality, because a world where venture capital doesn’t scale eliminates any incumbent advantage; all firms must continually prove their right to exist.
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The future of venture capital, and whether financialisation deepens, depends on narrative dominance. If the market continues to reward consensus seeking, concentration and dogmatic belief, the trend will persist.
It’s the kind of existential question which would lead large firms to fund social media bot farms, groom tech influencers, and play a... See more
It’s the kind of existential question which would lead large firms to fund social media bot farms, groom tech influencers, and play a... See more