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766 points rcchen | 5 comments | | HN request time: 0.908s | source
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Ancalagon ◴[] No.44537076[source]
So Google, Meta, and Microsoft will just hollow out the best AI startups of their talent instead of buying them - out of fear of monopoly lawsuits I'm assuming?

Nice plan I guess. Kind of obvious to spot though.

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1. khazhoux ◴[] No.44537300[source]
“Buying the startup” just means handing over megabucks to do-nothing investors. If Google isn’t buying any product or technology, why should investors get a talent fee?
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2. bix6 ◴[] No.44537346[source]
Do nothing investors who enabled the company to reach this point? Employees who chose lower salaries in expectation of shares being worth something? Come on now.
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3. GuinansEyebrows ◴[] No.44539697[source]
> Do nothing investors who enabled the company to reach this point?

Were you under the impression that venture capital is anything more than rent-seeking?

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4. bix6 ◴[] No.44540974{3}[source]
Sure if you want to be negative about it and only look at the worst VCs. But the best VCs provide significant value outside capital and can be instrumental in a startups success or failure.
5. presentation ◴[] No.44542138{3}[source]
Very edgy so cool