VC isn't VC anymore – understanding the rise of Cancer Capital
An opinion piece argues that venture capital has shifted from a model of supporting innovation to a form of 'Cancer Capital' driven by billionaire extremists. The author claims this new structure prioritizes political agendas and oligarchy over market health and societal well-being.
Why it matters
It reflects growing criticism within the tech community regarding the influence of venture capital on societal trends and corporate governance.
VC isn’t VC anymore — understanding the rise of Cancer Capital We really, really need to talk about venture capital. Because it’s not “venture capital” anymore.
There’s a huge disconnect between what most people think of VC, where an investor has a big fund and cuts checks to help a founder build a company, and the current reality, where a handful of billionaire extremists use the cover of “VC” to advance an outrageous agenda where they’re accountable to no one.
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