I disagree. We don’t need many of these VC backed small companies. If they are offering something of true value, they can raise debt / support from a more well capitalized company that will pay for the rights to the idea. The modern tech VC model is a fiat artifact.

take a look at what ten31 did with GRIID, total retail dump and then sell the company to Cleanspark. probably bailed a few people out right before the M/A announcement but Marty was talking to Harry and they were talking up how they wanted to build the company for the long term. https://www.tradin...