World Eaters: How Venture Capital Is Cannibalizing the Economy
Event
A decade ago, “move fast and break things” was the mantra of every tech startup looking to disrupt markets and change lives. But now that we’re left with the broken pieces, how do we shape the tech industry to actually work for everyday people?
Simply put: we need to follow the money.
Catherine Bracy, Founder and CEO of TechEquity, is a civic technologist and community organizer who has been chasing the thread of tech’s inequities for years. In her new book, World Eaters: How Venture Capital Is Cannibalizing the Economy, she explores how venture capital is impacting the health of our economy—exacerbating the housing crisis, exploiting workers, and suppressing innovation in the areas where we need it most.
The book breaks down how venture capitalists think: the goal is hyper-maximalist growth at breakneck speed, focusing on short-term horizons and breadth, not depth. In short, venture capital is killing more value than it creates.
Join Catherine and Lilian Coral, vice president of Technology and Democracy programs on Thursday, April 24 at 1 PM ET for a discussion of World Eaters and how we can create alternative paths for sustainable, responsible growth—without sacrificing investor returns.