...so what is it being invested in?
Received an unexpected call from a candidate investor this morning, and in our discussion, by far the most striking thing he mentioned was how there is more money in this world than there has ever been.
That's something I think about a lot and is one of the things that leaves me scratching my head. If there is so much money in the world (and there is, even if it is all fiat money), and all that money is searching investment in which to grow, how is this not a golden era of innovation, with technological and social innovation companies blessed with liquidity to create new value for exploitation?
I could write a book on this subject (actually, a few years ago a registered the domains make-money-not-progress for this exact purpose), but won't do so here. I will just use the occasion to document how frustrated I am with the hypocrisy and inefficiency of the current economic paradigm. When I have frank discussions with my colleagues on both sides of the table (investors and startups), there is general admission or admonition of flawed system. And, given how both sides supposedly champion disruption, it is inconceivable to me how this system so successfully escapes disruption from within!
Received an unexpected call from a candidate investor this morning, and in our discussion, by far the most striking thing he mentioned was how there is more money in this world than there has ever been.
That's something I think about a lot and is one of the things that leaves me scratching my head. If there is so much money in the world (and there is, even if it is all fiat money), and all that money is searching investment in which to grow, how is this not a golden era of innovation, with technological and social innovation companies blessed with liquidity to create new value for exploitation?
I could write a book on this subject (actually, a few years ago a registered the domains make-money-not-progress for this exact purpose), but won't do so here. I will just use the occasion to document how frustrated I am with the hypocrisy and inefficiency of the current economic paradigm. When I have frank discussions with my colleagues on both sides of the table (investors and startups), there is general admission or admonition of flawed system. And, given how both sides supposedly champion disruption, it is inconceivable to me how this system so successfully escapes disruption from within!