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A Silicon Valley Dream Collapses in Allegations of Fraud

nytimes.com

41–50 of 145 posts

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#42

Earlier quoted context omitted.

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?

Big Data TM. I hear IBM has enterprise solutions to all of those.

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#43

"... 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…

Homeless people go to California because the weather is good and the locals are rich. What do you want SF residents to do about it? Giving the homeless more will just lead to more of them moving in.

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#44

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 -…

The CEO could easily provide proof regarding his resume veracity and turn the situation around.

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#45

Earlier quoted context omitted.

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?

I believe that 'worse' in this case must mean that the homeless people are more visible.[1]

[1] http://fusion.net/story/148372/san-francisco-homelessness/

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#46
post #29

I guess you fake it until you make it? Obviously not the same thing but when reddit originally started didn't the founders use bots to submit stories. Theros got billions. Kind of sucks for the H1Bs they might lose their visa.

"Fake it 'til you make it" is more about pretending to have confidence before you really have it and less about falsifying your past in a way that's easy for someone to fact check.

Let's not forget Biz Stone "faked [his] way into Google"[0]

[0] http://www.wired.com/2013/04/fakeit/

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#48

"... 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…

You can judge, but SF goes further than any city I've seen to provide services to the homeless. So much so that it's a mild weather Mecca to many. So you can turn up your nose and go back home to a city that likely ships them here or "takes care of it" so you don't see it -- but you are being naive. The poor will always be with us, and we are judged by how we treat them.

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#49

With the promise of great riches, come the fraudsters. Sad.

It's really sad. I grew up in the Bay Area and felt like the propensity for fraud was very low if not non-existent. I guess it's not like that anymore or maybe it never was and I've been lucky to work for and with people who don't commit fraud.

Re: A Silicon Valley Dream Collapses in Allegations of Fraud

#50

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)

Spotted the guy whose never been to downtown LA. It is much worse down south considering the weather is much better.

But really, only Alaska is relatively immune from this problem given that they just give homeless people a bus ticket to LA when winter hits.

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