Comment by piker
1 month ago
Yes, there are good examples of this working, anti-competitive as it may be.
What if, in the DoorDash example, the pizza shop was itself venture backed and selling pizza at a loss to win customers and using this 20k revenue as a basis to raise money?
What if the same VCs were backing both and gearing up for an IPO?
Once circular funding scales, VCs become the Fed.