Cold Water β’ 19 implied HN points β’ 30 Sep 24
- Venture capital funding has led to many startups chasing rapid growth, even if their ideas could harm society. This can create big problems as companies scale up without considering the impact.
- Most startups fail, but VCs invest in many hoping to find a few successful ones. This pressure for growth can push companies to make decisions that negatively affect their communities.
- Founders should think about how their ideas might lead to negative outcomes at scale. It's important to consider whether every idea needs to become a billion-dollar business and what that means for society.