VC isn't VC anymore – understanding the rise of Cancer Capital

The author, a seasoned startup CEO and board member, argues that venture capital has fundamentally transformed from its original purpose of funding innovation into what they call "Cancer Capital"—a system controlled by billionaire extremists who operate without accountability and prioritize their own agendas over genuine entrepreneurship. The author contends that this distorted VC ecosystem has fueled broader societal problems including data center proliferation, deteriorating app services, and political corruption, comparing unregulated venture capital growth to a cancer that destroys its host when unchecked.