61–64 of 64 posts
The problem isn't accessibility - the problem is (mindless) venture capital. There are people with money (and low wisdom / experience) who have learnt that you can invest in tech and make a huge return - in some cases, this has taken the focus away from creating sustainable and useful businesses.
Perhaps hackers are simply the cogs in the wheels of modern finance?
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I'm 25...Einstein didn't publish his theory of relativity until he was 26. Give me a year...but seriously, I'm trying. I may not be mother Teresa, but I volunteer at shelters and I've donated a fair amount to the acs and relay for life. And I know my blood was uses to save someone's life. Baby steps. Change one life at a time. Rome wasn't built in a day, but I'm pretty sure ifart was (zing)
At 25 Zuckerberg was a billionaire. ;P
My thoughts exactly. Doesn't anyone want to innovate, or "change the world" anymore? If someone's going to go through all of the labor to make a copy of groupon or an iFart app or a twitter API mashup just for the cash, they should just write a Forex trading algorithm. They'll make more money that way, and their models will be infinitely more computationally unique than any consumer copycat.
A location-based fart app that leverages the social graph of my friends? Call Sequoia!
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That's what the word "bubble" refers to, though why? not at all. last spectacular bubble was in real estate - it was accompanied by stock market rise but not by any means stock market bubble.
In reference to the technology industry, "bubble" means stock market bubble -- because that's the kind of bubble that can have a direct, significant impact on the industry. And it did, in the late '90s. What kind of bubble are we in? A VC investment bubble? The investments that are being disparaged too anecdotal to have a significant financial impact. Why call it a bubble?