VC meme: today's $50M calendar-app rounds vs 1600s nutmeg fleet bets
ctjlewis · x · 2026-10-16
A viral meme contrasts modern venture capital with its 1600s namesake: now, a VC proudly leads a $50M Series B into yet another calendar scheduling app for a marginal 6% meeting-conflict fix, while in the 1600s the same job meant funding an armed fleet to seize the world's only nutmeg islands for 60,000% returns and kingdom-level power. A jab at how risk-averse today's VC has become.
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