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#VC

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@evan @Edent If you look through the lens of native/western histories — indigenous struggles vs colonial modernity — the same pattern plays out again and again: the native path is degraded, disrespected, overwritten. In tech, it’s no different. You see it when horizontal, trust-based networks get steamrolled by #NGO capture, institutional gatekeeping, or #VC-funded platforms that sell convenience and control.

hamishcampbell.com/a-guide-for

This is why I don't make "community contributions" to "open platforms" which don't have some very solid legal framework for governance in place.

They sell out to VC and rug pull hard on the community that provides the bulk of their data and value.

bikepacking.com/plog/when-we-g

BIKEPACKING.com · When We Get KomootedFollowing the sale of Komoot to private equity, Josh Meissner explores the broken relationship between corporate capital and our communities...

A little reminder that DuckDuckGo is venture capital (VC) funded.

The way VC works:

1. You get VC
2. You grow as fast as you can (or fail fast)
3. You sell (either to a larger corporation or to the public in an IPO; this is called the “exit”)

(In case any of you are surprised by recent/future developments.)