points by roncesvalles 4 days ago | 0 comments
It's not a founder mentality as much as a VC mentality. Founders just realized that VCs are dumb rubes with too much money and easy to grift.
If you could raise $200 million with your stupid indie project and proceed to enrich yourself by 7-8 figures, why wouldn't you?
I think the greed percolates down from the VCs. And if you really trace it all the way, it's the ubiquity of index funds. The whole game is to get big enough to IPO and get into VTI's index. Then it's just free money from thereon out.
[–] promano 3 days ago