Friday, June 12, 2015
Follow the Money to the Man Cave
CNET News reporter Max Taves provided an interesting summary of venture capital investments that were concluded over the past week. I treat this as highly recommended reading matter. I further recommend that every reader review the entire list to look for any sort of common trends. My personal interpretation is that the current generation of venture capitalists is being drawn to self-indulgence in a big way. This is not just a shift from products that do useful things to services that allow the idle rich to be more idle. Rather, it seems to be a calculated response to analytical results suggesting that the fastest way to quick profit is through the exploitation of infantilism. Mind you, this amounts to a corollary of the principle that any form of consumerism involves the exploitation of the potential for infantile behavior. So it should be no surprise that, if you want to follow a venture capitalist's money, the path will probably lead you to the man cave.