Catherine Bracy: How Venture Capital is Cannibalizing the Economy

In researching her new book World Eaters, Catherine Bracy interviewed founders, fund managers, contract and temp workers in the gig economy, and limited partners across the landscape. She says she learned that the current VC model is not a good fit for the majority of start-ups—and yet, there are too few options for early stage funding outside of VC dollars. While there are some alternative paths for sustainable, responsible growth, without the help of regulators, there is not much motivation to drive investors from the roulette table that is venture capital. Join us as Bracy takes our stage and offers her urgent and illuminating perspective into how the most pernicious aspects of the venture capital ethos reaches all areas of our lives, into everything from health care to food to entertainment to the labor market, and leaving a trail of destruction in its wake. Certain to be controversial, Bracy’s tale is an eye-opening account of the ways that the values of contemporary venture capital hurt founders, consumers, and the market. Commonwealth Club World Affairs of California is a nonprofit public forum; we welcome donations made during registration to support the production of our programming. Commonwealth Club World Affairs is a public forum. Any views expressed in our programs are those of the speakers and not of Commonwealth Club World Affairs. Learn more about your ad choices. Visit megaphone.fm/adchoices