Just so we're clear, while these people are definitely stupid, they're not that kind of stupid - there is a working business model, it just isn't present in any published materials or slide decks.

This is about soaking up as much investor funding as possible, running off with it & leaving, at best, at pile of useless shit, or at worst an environmental disaster, for the rest of us to deal with & clean up.

#ExtractionEconomy #capitalism #investors #VC #business #finance #tech