Live data from Hacker News

A Silicon Valley Dream Collapses in Allegations of Fraud

nytimes.com

31–40 of 145 posts

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#31

I have some issues with this sort of doxxing. In fact unless a court decision is made I think it technically unfair to the company and their employee the way the mob has brought out their pichfork. We have only heard the story from one person - and it makes the company and its CEO look like Satan's spawns - which in my experience never is 100% true. Having said that, I am always a little unnerved browsing LinkedIn -…

We have now heard one story from one person and read corroboration of that story from a professional news organization along with some new information in the form of interviews and requests for comment from the principals involved. That isn't "doxxing", it's news. I use both LinkedIn and HN quite a lot and don't really see what you mean about the capital/ labor split between the sites, for what it's worth.

I think its just my feed of subscribing to terrible people :(

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#32

"... but who expects fraud in Silicon Valley?" lol, wut? Anybody who has been here more than an hour is who expects fraud in SV. The first job I had in SV ended in a joint SEC/DOJ prosecution and jail time for multiple executive officers. Lawlessness, scams, and dishonesty are endemic in this area.

> Lawlessness, scams, and dishonesty are endemic in this area. And homelessness. I was disappointed to see hundreds of helpless homeless people, some in horrible mental state, right there on streets in the middle of huge ivory towers that SV thumps its chest on. It's such a shame! And with young kids coming out of those glass doors flashing gadgets and gizmos at each other, with that certain bay area flair … I mean t…

The reigning ethos in SV is something very close to nihilism, but we do believe in one thing: property. A homeless or insane person has been assigned a near-zero value by markets and is therefore to be ignored. When the only thing you recognize is the exchange of goods and money, how can you assign any value to a person having neither?

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#33

"... but who expects fraud in Silicon Valley?" lol, wut? Anybody who has been here more than an hour is who expects fraud in SV. The first job I had in SV ended in a joint SEC/DOJ prosecution and jail time for multiple executive officers. Lawlessness, scams, and dishonesty are endemic in this area.

> Lawlessness, scams, and dishonesty are endemic in this area. And homelessness. I was disappointed to see hundreds of helpless homeless people, some in horrible mental state, right there on streets in the middle of huge ivory towers that SV thumps its chest on. It's such a shame! And with young kids coming out of those glass doors flashing gadgets and gizmos at each other, with that certain bay area flair … I mean t…

Not that its an excuse, but don't all large cities have homeless or poor people?

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#34

"... but who expects fraud in Silicon Valley?" lol, wut? Anybody who has been here more than an hour is who expects fraud in SV. The first job I had in SV ended in a joint SEC/DOJ prosecution and jail time for multiple executive officers. Lawlessness, scams, and dishonesty are endemic in this area.

> Lawlessness, scams, and dishonesty are endemic in this area. And homelessness. I was disappointed to see hundreds of helpless homeless people, some in horrible mental state, right there on streets in the middle of huge ivory towers that SV thumps its chest on. It's such a shame! And with young kids coming out of those glass doors flashing gadgets and gizmos at each other, with that certain bay area flair … I mean t…

I want to do the cool things there with there, but I'm glad I'm not there.

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#35

Earlier quoted context omitted.

> Lawlessness, scams, and dishonesty are endemic in this area. And homelessness. I was disappointed to see hundreds of helpless homeless people, some in horrible mental state, right there on streets in the middle of huge ivory towers that SV thumps its chest on. It's such a shame! And with young kids coming out of those glass doors flashing gadgets and gizmos at each other, with that certain bay area flair … I mean t…

Is like trying to help your drug addict friend get better. No matter what you do if they don't help themselves it is a lost cause. Eventually you just have to keep going with your life and wish them well.

"If they don't help themselves it is a lost cause". In a country where socialism is not a dirty word, this is not necessarily true at all.

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#36

Earlier quoted context omitted.

> Lawlessness, scams, and dishonesty are endemic in this area. And homelessness. I was disappointed to see hundreds of helpless homeless people, some in horrible mental state, right there on streets in the middle of huge ivory towers that SV thumps its chest on. It's such a shame! And with young kids coming out of those glass doors flashing gadgets and gizmos at each other, with that certain bay area flair … I mean t…

Not that its an excuse, but don't all large cities have homeless or poor people?

Spotted the guy who's never been to downtown San Francisco ;)

It is an order of magnitude worse there than just about anywhere else I've been (and I have traveled a lot)

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#37

Earlier quoted context omitted.

> Lawlessness, scams, and dishonesty are endemic in this area. And homelessness. I was disappointed to see hundreds of helpless homeless people, some in horrible mental state, right there on streets in the middle of huge ivory towers that SV thumps its chest on. It's such a shame! And with young kids coming out of those glass doors flashing gadgets and gizmos at each other, with that certain bay area flair … I mean t…

The reigning ethos in SV is something very close to nihilism, but we do believe in one thing: property. A homeless or insane person has been assigned a near-zero value by markets and is therefore to be ignored. When the only thing you recognize is the exchange of goods and money, how can you assign any value to a person having neither?

[deleted]

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#38

Earlier quoted context omitted.

Not that its an excuse, but don't all large cities have homeless or poor people?

Spotted the guy who's never been to downtown San Francisco ;) It is an order of magnitude worse there than just about anywhere else I've been (and I have traveled a lot)

[deleted]

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#39

Earlier quoted context omitted.

Not that its an excuse, but don't all large cities have homeless or poor people?

Spotted the guy who's never been to downtown San Francisco ;) It is an order of magnitude worse there than just about anywhere else I've been (and I have traveled a lot)

I stayed in SF for a couple weeks when I interned at a startup.

I live in Toronto, we have homeless people here too. So I guess the only real way to solve this is with data?

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#40

Earlier quoted context omitted.

> Lawlessness, scams, and dishonesty are endemic in this area. And homelessness. I was disappointed to see hundreds of helpless homeless people, some in horrible mental state, right there on streets in the middle of huge ivory towers that SV thumps its chest on. It's such a shame! And with young kids coming out of those glass doors flashing gadgets and gizmos at each other, with that certain bay area flair … I mean t…

The reigning ethos in SV is something very close to nihilism, but we do believe in one thing: property. A homeless or insane person has been assigned a near-zero value by markets and is therefore to be ignored. When the only thing you recognize is the exchange of goods and money, how can you assign any value to a person having neither?

SV is all flash, no soul.
Post reply on HN