Venture capitalism is when you give somebody money to start a business in hopes that they make it big, giving you really valuable equity for relatively little money. What you’re thinking of is blitzscaling. Scale up in an unsustainable way in order to gain market dominance, so that you can use that to become profitable.
Venture capitalism is what it’s called, I think
Saledovil@sh.itjust.works 5 days ago
Knock_Knock_Lemmy_In@lemmy.world 4 days ago
You are correct. However, you can only really blitzscale with VC backing.
buddascrayon@lemmy.world 5 days ago
It is not venture capitalism. Though it is fueled by venture capitalism. I am describing the type of car and you are calling it gasoline. They’re most distinctly not the same thing.
However it should be noted there both a part of the same corrosion of our society. Just how automobiles that run on gasoline are a corrosion on our atmosphere.