This thing! VC was supposed to be the way hard, high-risk/high-value, technically complex, academically-rooted ideas got turned into businesses—because they had no other way to get capital, no collateral for loans, and weren't done cooking the product. It wasn't for *everything*.
But then regulations changed to let institutional investors pour money into venture funds, the law allowed universities to make money from professors' discoveries, and a few VC-funded inventions made a few reactionary people into gazillionaires, and now here we are.
Feb 4, 2026 20:20
