@Gargron Having taken VC money for a startup, I want to confirm for others everything you've said. They promise big returns to their investors, but most startups fail, so they need the successful ones to make gobs of cash. Modest successes get pushed to take big risks until they get rich or die trying. And if they do win big, they'll be pushed to extract ever more cash, causing enshittification. That's the VC game, and Mastodon is smart not to play it.