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Dave Rahardja<p>Ed Zitron’s previous piece “The Rot Economy” should be mandatory reading for anyone curious about the environment in which tech companies exist today.</p><p>“Venture pumps millions or billions of dollars into ideas that might sell a product or a service, but ultimately resemble things that can be sold to other companies or put on the public market for a profit higher than what was paid on a per-share basis. I once suggested that Silicon Valley conflated “making great ideas work” with “making ideas I like work,” but on consideration, many of these companies aren’t even things venture capitalists like - they are things that resemble things that they can sell. Do I genuinely believe that everyone who invested into the Web3 grift was a strident believer in the brave new decentralized economy? Hell no. They just went where the winds blew — or where they seemed to be blowing.”</p><p><a href="https://sfba.social/tags/tech" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tech</span></a> <a href="https://sfba.social/tags/ventureCapital" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ventureCapital</span></a> <a href="https://sfba.social/tags/lineGoesUp" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>lineGoesUp</span></a> <a href="https://sfba.social/tags/infiniteGrowth" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>infiniteGrowth</span></a> </p><p><a href="https://www.wheresyoured.at/the-rot-economy/" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">wheresyoured.at/the-rot-econom</span><span class="invisible">y/</span></a></p>
gcvsa ⭐️🔰🇺🇸 🇵🇭<p><a href="https://mstdn.plus/tags/Hasbro" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Hasbro</span></a> was always going to be a very poor caretaker of <a href="https://mstdn.plus/tags/DnD" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>DnD</span></a>. <a href="https://mstdn.plus/tags/TTRPG" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TTRPG</span></a> gaming is done best when it is done with the primary intention of making *a good game*, not with the primary intention of making a *profit*.</p><p>Hasbro executives could give an owlbear's arse feathers about what makes a good game or even a good story. All they care about is pushing widgets. <a href="https://mstdn.plus/tags/linegoesup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>linegoesup</span></a></p><p>They will kill the golden goose to get at the eggs inside (if they haven't actually done so already). They were always going to.</p>
Paul Nicholas :mastodon:<p>I wonder why all these celebs are jumping to Hive? 🤔<br>*sees it's VC-backed*<br>Um... no thanks 😬<br><a href="https://mastodon.social/tags/YouAreTheProduct" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>YouAreTheProduct</span></a> <a href="https://mastodon.social/tags/WillKeepChanging" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>WillKeepChanging</span></a> <a href="https://mastodon.social/tags/LineGoesUp" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>LineGoesUp</span></a></p>