Tootfinder

You can't point at everything you don't like and say "Enshitification". Doctorow describes a specific capitalist dynamic (kinda to save capitalism as a concept). It's not "a bad thing happens", it's basically just the specific way venture capital funded companies operate today.

M0, which develops stablecoin infrastructure to boost interoperability and liquidity, raised a $40M Series B led by Polychain and Ribbit Capital (Ben Weiss/Fortune)
https://fortune.com/crypto/2025/08/28/m0-series-b-40-million-polychain-ribbi…

Exclusive: Crypto startup M0 raises $40 million to build out stablecoin network
Polychain and Ribbit Capital led the round, with participation from existing investors like Pantera and Bain Capital Crypto.

QUOTE
Unusual Machines' CEO, Allen Evans told Forbes,
when asked what experience Donald Trump Jr. had that appealed to the drone maker:
“He had a strong alignment with investors through 1789 [Capital,
JD Vance's a venture capital fund]
and otherwise who are very interested in MAGA or on-shoring or making America great, et cetera.
So the engagement is really the outreach to the groups that are interested in what we’re trying to do,”

The Telegraph's sale to RedBird Capital faces new controversy after the paper linked RedBird's John Thornton to Chinese leader and suspected spy chief Cai Qi (Simon Goodley/The Guardian)
https://www.theguardian.com/media/2025/oct

#Therapy #Capitalism

Zero-Emissions Ferryboat to Glide Commuters Up and Down Historic River in European Capital https://www.goodnewsnetwork.org/zero-emissions-ferryboat-to-glide-commuters-up-and-down-historic-river-in-european-capital/

Zero-Emissions Ferryboat to Glide Commuters Up and Down Historic River in European Capital
Lithuania’s capital Vilnius recently debuted a new electric ferryboat for transit up and down the River Neris. Called the Lašiša, it joins a trend of electric ferryboats on the famous rivers and bays of Europe such as the Elbe or the Copenhagen harbor. Tickets can be bought online and through an app for just €3, […]

“What we seem to have here is yet another instance of a massive corporate entity capitulating to the emperor’s wishes in advance, but this one is particularly frustrating because there is less for the average consumer like you and me to do about it.” https://apple.news/AIOs-uVO9S62q7E2-cg0v2A

We Should All Be Uneasy About Apple TV+ Pulling ‘The Savant’ from Its Lineup — Esquire
This is seemingly another instance of a massive corporate entity capitulating to the emperor’s wishes in advance—but this one is particularly frustrating.

Donate to the Capital Region Food Program: https://www.capitalregionfoodprogram.org/

London-based Evantic Capital, founded by ex-Sequoia VC Matt Miller, raised a $400M fund, with ~12.5% coming from 135 "legends", including CEOs, a novel strategy (Mark Bergen/Bloomberg)
https://www.bloomberg.com/news/articles/20

New York-based Modal Labs, which offers a serverless cloud platform to build AI apps and run AI inference, raised $87M led by Lux Capital at a $1.1B valuation (Chris Metinko/Axios)
https://www.axios.com/pro/enterprise-software-deals/2025/09/29/modal…

Exclusive: Modal Labs hits unicorn status with $87M raise
Lux Capital led the round.