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An Inside Look at Venture Capitalists

Posted by ryuzaki0 on from the chip-on-his-shoulder dept.

Christopher Thomas writes: "IEEE Spectrum has a scathing review of venture capitalists this month. Authors Nick Tredennick and Brion Shimamoto paint a devastatingly cynical picture of venture capitalism from the engineers' perspective." Funny to read, but probably 100% accurate. Wow.

1 of 199 comments (clear)

  1. Wait a minute here! WTF is this supposed to be? by codeforprofit2 · · Score: 0, Flamebait

    Lets take a look at the facts here ladies and gentlemens.

    A bunch of geeks with no realistic views on reality when it comes to economics goes to the venture capitalists and gets loads of $$$. This money goes down the drain because there is basically no revenue coming in (atleast when it comes to dotcoms and open source companies).

    Now, those same geeks are complaining ON THOSE VERY SAME VENTURE CAPITALISTS?!?!

    After all, THEY are the ones who have lost BILLIONS because geeks have played around with their money without taking any responsibility what to ever!!!