Thanks for the A2A!
You are assuming that access to capital is easy – it is only easy for some.
There is indeed money out there – a lot of it! – but it is only being given to the people who know how to obtain it (which would, no matter how crazy the project seems, make them the most deserving of receiving it per Darwin’s law.)
If there were any negative effects to this, it would be that other worthwhile projects that would be world-changers if only they got a little bit of financial help but their creators lacked the knowledge or skill to obtain it fail along the way.
However, the likelihood of that is slim, as there are no really unique ideas, and if one person is creating in a bubble of obscurity, someone else is likely doing the same thing with a ton of support.
The failed guy may then feel resentment toward the group that succeeds and claim that they stole his idea, but having not had the money or skill to have gone anywhere with it, he’ll just end up cursing “Venture Capitalists” and “Trust Fund Babies.”
Originally Posted: https://www.quora.com/Is-venture-capital-and-easy-access-to-startup-funding-hurting-the-economy-in-the-long-run
Originally Posted On: 2015-05-05