<story><title>Is Venture Capital Worth the Risk?</title><url>https://www.newyorker.com/magazine/2020/01/27/is-venture-capital-worth-the-risk</url></story><parent_chain></parent_chain><comment><author>aloukissas</author><text>In short, this article can be summarized: &amp;quot;VC used to fund R&amp;amp;D-heavy startups like Genentech and Intel, now it&amp;#x27;s used to make startups grow as fast as possible at any cost, just like cancer&amp;quot;. Mostly agree with this.</text></comment>
<story><title>Is Venture Capital Worth the Risk?</title><url>https://www.newyorker.com/magazine/2020/01/27/is-venture-capital-worth-the-risk</url></story><parent_chain></parent_chain><comment><author>FanaHOVA</author><text>Sometimes I wonder why people spend all this energy to bash VC. It&amp;#x27;s a 4,500 words article and there&amp;#x27;s only have 5-6 companies to mention as failures of the model in the past decade, compared to the tends of thousands that raised money, and all of those are consumer-facing products.&lt;p&gt;The New Yorker uses Parse.ly (Venture backed company), GitHub (Venture backed company), BrowserStack (Venture backend company), Asana (Venture backed company), Hipchat (Venture backend company), just to name a few they listed on their Stackshare profile [0] (another venture backed company). I&amp;#x27;m sure they are glad those were funded :)&lt;p&gt;[0] &lt;a href=&quot;https:&amp;#x2F;&amp;#x2F;stackshare.io&amp;#x2F;new-yorker&amp;#x2F;new-yorker&quot; rel=&quot;nofollow&quot;&gt;https:&amp;#x2F;&amp;#x2F;stackshare.io&amp;#x2F;new-yorker&amp;#x2F;new-yorker&lt;/a&gt;</text></comment>