Dear Silicon Valley: America’s fallen out of love with you
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Re: Dear Silicon Valley: America’s fallen out of love with you
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#3Re: Dear Silicon Valley: America’s fallen out of love with you
#4Re: Dear Silicon Valley: America’s fallen out of love with you
#5I was just talking with the CEO I worked for in 2001; she's busy putting together her next startup. We had a good conversation about what I was calling "unicorn fever", the way the desire for instant massive valuation has distorted so much of what we thought good about the startup ecosystem. The article calling this factory farming seems spot on to me.
Re: Dear Silicon Valley: America’s fallen out of love with you
#6Are most journalists nowadays a bunch of edgy teenagers? I get it they need clicks but man isn't the bar low...
Re: Dear Silicon Valley: America’s fallen out of love with you
#7Re: Dear Silicon Valley: America’s fallen out of love with you
#8I think it is true that there is a diversity problem in SV, just like there is a diversity problem in medicine. It’s a problem, because there is no a priori reason for women and ethnic minorities to be less prevalent in our high-paying fields. But that’s probably the only point that resonates.
The criticism of Juicero and Theranos being emblematic of focusing on the wrong problems is not sensible. Companies fail, sometimes spectacularly, sometimes due to dishonest behavior, etc. If Theranos had the tech they claimed to have, it would have been richly rewarded (outshined only by the consumer surplus it would have created).
The oddest turn is that of blaming the global rise in income inequality on SV, and then to lambaste SV for trying to come up with solutions to ameliorate that problem as it proceeds to its logical extreme.
Re: Dear Silicon Valley: America’s fallen out of love with you
#9That would be Uber. A company so sociopathic, so awful, so entitled, so full of loathsome self-aggrandising bullies they became an unwitting figurehead for hatred of the Valley. And Uber make it so easy to hate them.
Re: Dear Silicon Valley: America’s fallen out of love with you
#10Except I do see at least investors like YC making an effort to broaden the kinds of investments they make, more into actual "public good" type companies like in the education, health, and non-profit sectors.