It has become all too common now, for some startup to be valued at billions of dollars, on nothing but hype, despite questions about their business model, or lack thereof, only for those criticisms to be proven valid only after they are sold to a larger company, have a successful IPO, crowd fund massive amount of money, or otherwise make massive returns for the founder and VCs, while adding no value at all, or even negative value, to society and the economy at large.
I just can't help but wonder, with a declining and ageing population, if Japanese society can afford a startup culture that could potentially enrich a small VC class, at the cost of the retirement funds of the generally unsophisticated average investor.
- CoStar GroupGeneral Manager, present
- Meridian Internet ServicesFounder
- ToshibaSenior Engineer
- Meridian World DataFounder
- University of Texas at AustinMasters of Science in Engineering, present
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