this post was submitted on 10 Jun 2023
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Gaming
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I’m not sure that capitalism per se is the problem here and more so that the entire way modern, especially tech companies, are funded is just stupid.
Present a „new“ concept that nobody has done before. Rake in cash by showing investors your user numbers. Try to actually start making money by squeezing your users. Fail. Maybe because your concept wasn’t working economically from the beginning and that’s why nobody else has done it before.
That's literally (venture) capitalism. That is literally the most fundamental tenet of capitalism. That's where the "capital" in "capitalism" comes from.