VC isn’t VC anymore — understanding the rise of Cancer Capital

· Anil Dash · Sept. 2, 2026, 10 p.m.
Summary
The blog post critiques the current state of venture capital, referring to it as 'Cancer Capital.' The author, Anil Dash, argues that VC has evolved into a tool for wealthy investors to push political agendas rather than support innovation. With personal experience in VC, he highlights fundamental changes in funding dynamics, the decreased accountability of large firms, and the impact on startups and society. He suggests that the focus has shifted from supporting new inventions to consolidating power and wealth among a small elite, urging for an understanding of the current landscape and its implications.
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