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February 11, 2024 โ€ข 40 mins

The Exposed Truth of Startup Greed | Melanie Rieback Explores Financial Extraction in Tech.

Join us on a deep dive as Dr. Melanie Rieback, renowned post-growth Entrepreneur and Academic, lifts the veil on the destructive pattern of our finance industry, specifically focusing on the role of venture capital.

Dissecting the exponential growth model in startups, Melanie exposes how wealth is systematically funnelled from the masses to the select few while leaving a trail of financial vulnerabilities within our economy.

Covering everything from Silicon Valley's monopoly to systemic looting from our public funds, this episode serves as a wake-up call to investors, business owners, and consumers alike. Are our startups turning into financial black holes?ย  ๐—ช๐—ฒ ๐˜๐—ฎ๐—น๐—ธ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜: ๐Ÿฆน๐Ÿปโ€โ™‚๏ธ The Devastating consequences of the Unicorn pump & dump scheme. ๐Ÿ”— The unhealthy link between venture capital & growing political instability ๐Ÿ”ซ Greenwashing of financial extraction by ESG & 'impact' investors. ๐Ÿ™‹โ€โ™€๏ธ Business as the best form of activism. โŒ The limitations of NGOโ€™s & the fallacy they operate by. ๐ŸŒ‰ The need to bridge the gap between startups and impact NGOโ€™s ๐Ÿ’ธ The misconceptions of profit ๐Ÿ—ณ๏ธ Steward ownership & how it can help save democracy. ๐ŸŽฉ How VCโ€™s foster an inexorable monopoly leaving us with fewer choices & less control. ๐—•๐—ถ๐—ด ๐—ค๐˜‚๐—ฒ๐˜€๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐—ช๐—ฒ ๐—”๐˜€๐—ธ: ๐Ÿ“ˆ Is the VC model & the exponential growth startup narrative leading us on a collision course with democratic decay? ๐Ÿ”ฅ Is the pursuit of VC funded growth in startups harmless or is it fuel on the fire of wealth inequality that's dividing society? ๐—ฃ๐—ฒ๐—ผ๐—ฝ๐—น๐—ฒ ๐˜„๐—ฒ ๐˜€๐—ฝ๐—ฒ๐—ฎ๐—ธ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜: ๐Ÿ‘จ๐Ÿปโ€๐Ÿซ Prof Muhammad Yunus, Cory Doctorow, Ann Pettifor Marjorie Kelly, George Soros, Kate Raworth & Doughnut Economics Action Lab (DEAL), Dana Meadows & Elon Musk. If you think the startup industry is a positive contribution to society, this episode will challenge all that you think you know or, perhaps - at the very least - it will remind you of all the things you do know, but choose to ignore. Listen in, take a step back & challenge your beliefs as we engage in a dialogue that could, and should, reshape our collective future.

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