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Inverteum Capital's avatar

Karp "criticizes Silicon Valley for prioritizing trivial consumer apps over serious technological innovation, yet his co-founder, Peter Thiel, helped bankroll the very social media revolution that led to that shift."

Weird to think that Facebook enabled Palantir, in that Thiel's returns from his early investment in Facebook allowed him is what allowed him to invest heavily in Palantir.

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Michael P's avatar

The deepest irony of Karp is that his beloved venture ecosystem will be what creates the dystopia he envisions. POSIWID at its finest-if venture capitalists saw future tech and geopolitics as worthwhile investments, they'd throw money at it like everything else. Instead, we have software.

I remember seeing the Andreesen Horowitz crypto slides back in 2021. I wonder if they're still selling that product as the future of Earth or whether a certain trend has supplanted their portfolio.

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