Comment by piker

It seems to me the role of venture capital has changed and is somewhat responsible for this. The obsession with MVPs followed by hyper-growth and then moat-building has warped our relationship with technology. It's driven by a desire for VC funds to "return the fund" with each investment, and increasingly, by a SoftBank approach which requires inundating the market leader with capital that forces out all competition. Technology has been financialized.