Are there any ethical VC funds? This is a genuine question. It feels like the majority of venture firms can rationalise away their position as doing good for the world but when you start to dig into it, the sole goal is making money and who they make money for isn't always the most righteous of people or entities. Even then many of the individuals at firms can be questionable, involved in scandals. And the things invested in, while there can be a thematic preference, often everything is thrown out the window in the pursuit of greed or missing out on a deal.
Are there ethical VC funds out there? Is there room for a more altruistic form of investing? Is the sole goal just making money for them?
Could cooperative syndicates (like angel syndicates) be a good way to do it instead? Or is it the lack of follow on funding that's really going to kill a company?
Comments URL: https://news.ycombinator.com/item?id=43183450
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