We used to call these kinds of artists "sell-outs."
Nelly was rapping about his “Air Force Ones” in the 90s and how he “needs two pair”.
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We used to call these kinds of artists "sell-outs."
Nelly was rapping about his “Air Force Ones” in the 90s and how he “needs two pair”.
I do a lot of hardware sales online and often exchanging identities is a way to increase trust amongst buyer and seller. This article holds up to my observation that black people use cash app and white people use venmo.
Sweet, hopefully people are realizing that Cash is the better app. Venmo has that weird public feed that no one wants — Cash is almost flawless.
We used to call these kinds of artists "sell-outs."
RUN DMC - one of the forefathers of rap was rapping about “My Adidas” in the early 80s. Nelly was rapping about his “Air Force Ones” in the 90s and how he “needs two pair”.
Hooray for materialism! -- culture just gets dumber and dumber
Why is it “materialism” when it’s rappers but “capitalism” and “disruption” when done in Silicon Valley? At least they are producing something at a profit unlike almost every VC backed company being subsidized waiting to be acquired or pawn their money losing business off to the public markets.
VC is a model that works that way intentionally and you're holding that intentional behavior up as though it's incompetence or stupidity. It is in fact an ideal approach to what it attempts to accomplish: high rate of experimentation and very large outcomes.
There's nothing special about most businesses failing within eg five years: that's how it works everywhere, the majority of mainstreet businesses do not survive more than five years. The VC model seeks to dramatically increase the rate of early expansion, in pursuit of locking in market dominance, and trades a higher rate of failure vs the typical hotdog stand, convenience store or restaurant.
Everything from eBay to Google to Apple to PayPal to Facebook to Cisco to nVidia were backed in that wildly successful model. The reason the US has dominated tech globally for half a century now, is thanks to the VC model - a model everyone else has sought to copy, including Europe and China. For good reason: it works very well at what it attempts to accomplish. There is no other scenario where the US builds the enormous tech ecosystem that it has minus the VC approach.
I do a lot of hardware sales online and often exchanging identities is a way to increase trust amongst buyer and seller. This article holds up to my observation that black people use cash app and white people use venmo.
On the one hand I'm not entirely sure why you're getting downvoted. On the other hand I'm not entirely sure what point you're trying to make. If it's just casual racial stereotyping then I guess that accounts for the downvotes. But I thought you may have a broader point about the meaning of trust in ethnic/racial communities in there somewhere, it's unclear.
EDIT: for example this divide doesn't exist afaik for uber/lyft
Earlier quoted context omitted.
Why is it “materialism” when it’s rappers but “capitalism” and “disruption” when done in Silicon Valley? At least they are producing something at a profit unlike almost every VC backed company being subsidized waiting to be acquired or pawn their money losing business off to the public markets.
Your attempt to unnecessarily insult Silicon Valley in retort, badly falls flat. VC is a model that works that way intentionally and you're holding that intentional behavior up as though it's incompetence or stupidity. It is in fact an ideal approach to what it attempts to accomplish: high rate of experimentation and very large outcomes. There's nothing special about most businesses failing within eg five years: that…
No, I’m not saying that the VCs who backed Uber, Lyft, Dropbox, ElasticCo, Mongo and Tesla are “incompetent”. They did what they set out to do. They invested money, the companies went public and they made a killing. In the meantime, the investors who are buying these money losing companies on the public market are the ones getting duped. They didn’t have a chance to get in earlier on the pre IPO growth because they weren’t “accredited”.
ElasticCo and Mongo for instance were one AWS/GCP/Azure announcement from becoming cannon fodder.
Everything from eBay to Google to Apple to PayPal to Facebook to Cisco to nVidia were backed in that wildly successful model.
As are the companies I named above as well as WeWork....
Google, Apple, and Facebook were all profitable before they went public.
Let’s take an example that’s closer to home - YC. Only two YC companies have ever gone public - Dropbox and PagerDuty, neither is profitable, and Dropbox is being crushed by larger competitors like Microsoft and Google.
The reason the US has dominated tech globally for half a century now, is thanks to the VC model - a model everyone else has sought to copy, including Europe and China.
They also copied our financial system. How did that work out?
Earlier quoted context omitted.
RUN DMC - one of the forefathers of rap was rapping about “My Adidas” in the early 80s. Nelly was rapping about his “Air Force Ones” in the 90s and how he “needs two pair”.
For the record, DMC were not sponsored or incentivized by adidas until well after the song was produced and distributed. Basically adidas jumped on an existing trend.
This has been going on forever in hip hop.
https://www.theguardian.com/media/2005/jul/11/mondaymediasec...
I do a lot of hardware sales online and often exchanging identities is a way to increase trust amongst buyer and seller. This article holds up to my observation that black people use cash app and white people use venmo.
On the one hand I'm not entirely sure why you're getting downvoted. On the other hand I'm not entirely sure what point you're trying to make. If it's just casual racial stereotyping then I guess that accounts for the downvotes. But I thought you may have a broader point about the meaning of trust in ethnic/racial communities in there somewhere, it's unclear.