Opinion: How Venture Capital Has Transformed Into 'Cancer Capital'

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A blog post by Anil Dash, published on September 2, 2026, argues that venture capital has fundamentally changed in nature and purpose. The piece, shared on Hacker News, uses the term 'Cancer Capital' to describe what the author sees as a destructive evolution of the VC model. Dash contends that modern venture capital no longer functions as it traditionally did, raising concerns about its broader impact. The post attracted discussion on Hacker News, though details of the specific arguments remain within the full article. The piece appears to be a critical analysis of how investment culture and capital allocation have shifted in the tech industry.

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