Comment by TrackerFF
11 hours ago
Sometimes when I see these comically dystopian surveillance startups, I sort of wonder what the founders were thinking when they came up with the idea?
Like, were they just watching some random documentary about China, and noticed how their surveillance state works - and said to themselves "You know, that's exactly what we need here!"
Or is it just purely greed? They see some potential cash crab, and come up with some rationalization that doesn't sound that bad ("We'll catch criminals").
I just wonder what type of founder walks up to a VC, and pitches some idea with the explicit goal of robbing everyone of their privacy even a bit more.
In my perception, VCs don't really care about goals. They care about a convincing argument "if you give me money, I'll give you back more money". Note that it doesn't matter if that statement is true; it only needs to be true in aggregate to keep the VCs behaving the way that they do.
Right, they’re not selling products, they’re selling a company. They don’t really care if in 10 years it all goes up in flames, ideally they’re out by then.
They just want investor money because investors are stupid and will give it to them, it’s that simple. They have no moral qualms because they have zero conviction about the business model itself. The business model is just a vessel. It could be anything, if it gets investors interested.
Pure greed; and most people think it won't apply to them. It'll monitor "the others"