In 20 years I haven't seen a time where this wasn't the case.
Seed money is the first to take the risk and deserves the majority share of profit
VC (series A,B,C) are putting in the most money and brining big hitters for the board and advisors. They clearly deserve the majority share.
Founders do all the work and it's their idea so they deserve all the money.
The second generation leaders productive, operationalize, and bring legitimacy to the company, so they deserve all the money.
Whichever group has the leverage forces the table to tilt their direction.
It doesn't matter how good the potential is, how sure the victory is, how close the first breakthrough customer is, if you don't trust someone, or there's a slimy/smarmy vibe then just walk away. It's not worth putting in years of effort to have to resort to contract lawyers to get paid.
It boils down to this: Capitalism is not the goal of society, it is a tool.
Somewhere in the past few decades we've conflated the two - and a larger portion of our population believe that Capitalism is the goal. It's not, it's a way to achieve our goals. It is efficient, it is effective, it will always have little to no morals and consolidate in the hands of the few. That is not a judgement of the system it is an assessment. No different than stating a hammer will will work well with nails and poorly with screws.
We as a world society (and particularly an American socienty) need to refocus on what our goals of society are. And actively decided when to use and when to rein in specific tools to achieve our goals.
Absent of focusing on goals, our tools become our goals and we get the results we're seeing today.
As sympathetic as I am to anti-capitalist rabble-rousing, your comment comes off as a canned micro-rant which doesn't relate in any substantial way to the parent.
If you want to understand what the implications are you need to spend time not with technologists but with ecologists. In nature there is a reason the apex predator doesn't evolve predatory advantages at a faster rate than its prey evolves defensive advantages. These rates grow or shrink in lockstep depending on resource availability. If they don't the ecosystem collapses.
I agree, but it won't until the bubble pops, and even that won't sort out the monopolists. As long as it's centered around VCs with more money than sense or morals, tech is going to continue unabated in its transformation into Wall Street 2.0
