Catherine Bracy - TechEquity & Venture Capital “World Eaters” | The Daily Show

Catherine Bracy, author of “World Eaters: How Venture Capital is Cannibalizing the Economy,” talks to Michael Kosta about the evolution of venture capital, from its origin as a mid-20th-century funding solution for risky companies with big potential for technological advancement, to the harmful economic backbone of the tech industry it has become today. She describes how the investment structure of venture capital pressures companies to “move fast and break things,” has made for a tech industry that prioritizes investors, often at the expense of consumers, how that model has festered into other corners of the economy, including housing, and how the organization she co-founded, TechEquity, is working to put guardrails on Silicon Valley to ensure that tech benefits everyone, not just a few people at the top. #DailyShow #CatherineBracy #VentureCapital Subscribe to The Daily Show: https://www.youtube.com/channel/UCwWhs_6x42TyRM4Wstoq8HA/?sub_confirmation=1 Follow The Daily Show: Twitter: https://twitter.com/TheDailyShow Facebook: https://www.facebook.com/thedailyshow Instagram: https://www.instagram.com/thedailyshow Stream full episodes of The Daily Show on Paramount+: http://www.paramountplus.com/thedailyshow Follow Comedy Central: Twitter: https://twitter.com/ComedyCentral Facebook: https://www.facebook.com/ComedyCentral Instagram: https://www.instagram.com/comedycentral About The Daily Show: Jon Stewart and The Best F**king News Team host The Daily Show, an Emmy and Peabody Award-winning program analyzing the biggest stories in news, politics, and culture through a sharp, satirical lens. The Daily Show redefined the late night show category on TV and, with an audience of over 51M across social media platforms, has become a launching pad for some of the biggest stars in entertainment. The Daily Show airs weeknights at 11/10c on Comedy Central.