• stevedidwhat_infosec
    link
    fedilink
    English
    arrow-up
    15
    ·
    1 year ago

    Right I get it, money is needed for growth.

    But maybe we just don’t need to grow so much. What if we let that excess need (due to lack of supply) spill over into competition with people who also don’t want the whole public traded, board room setup?

    Idk taking the money out of business seems impossible no matter how you cut it. Maybe more self hosted and crowd hosted stuff is one solution? What are your thoughts in terms of solutions?

    • Pons_Aelius@kbin.social
      link
      fedilink
      arrow-up
      11
      ·
      1 year ago

      I have no idea how we move forward.

      Maybe more self hosted and crowd hosted stuff is one solution?

      Currently private finding rounds hinge on convincing a few people who control millions to fund you. Part of that is showing them often highly confidential details of what you are trying to create.

      Crowd finding would be much. much more difficult. Now you have to convince millions of people to give you funding, possibly exposing you to having your ideas stolen before you can develop them.

      • SlopppyEngineer@discuss.tchncs.de
        link
        fedilink
        English
        arrow-up
        6
        ·
        1 year ago

        Now you have to convince millions of people to give you funding

        There are examples of people doing this. Cooperatives can be owned by the workers or by the customers. They’re usually cheaper too.

        They don’t have the “move fast and break things” mentality however because by nature they don’t have a billionaire sponsors, so it’s harder to complete in a venture capitalist world. It’s when big money dries up, like the great depression, when you’ll see them popping up.

      • rambaroo@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        1 year ago

        It’s worked to a fair degree in gaming but yeah, not really a viable solution. Especially because the crowd itself is slowly getting robbed of its money.

    • originalucifer@moist.catsweat.com
      link
      fedilink
      arrow-up
      9
      arrow-down
      2
      ·
      1 year ago

      the market itself is garbage. its a hot mess of under/over regulation by all the wrong actors.

      tax stock trades. ever single one. tax stock ownership. tax the everliving fuck out of the stock market.