Instrumental in this message for me was this part: There is no honour amongst hackers any more. 10-20 years back a term hacker had a close relation to a certain moral conduct emphasizing freedom of knowledge. Today with a mass market of startups, that was largely popularized by Hacker News, this perception has changed. A hacker now is a founder. He must be good at raising money, monetizing a product and the greatest…
I don't even know how to respond to the idea that teenagers breaking into phone switches and harassing people, buying Pantera CDs on stolen credit cards, stealing ESNs from other people's phones to make calls on someone else's bill, and rm'ing Unix boxes are somehow more honorable than adults running businesses. The "hackers" FD's moderator is talking about are the ones I'm talking about. They aren't MIT students ord…
http://www.ritholtz.com/blog/2014/03/dealbook-misunderstands...
Not to mention the scum like Angelo Mozillo who gave us the financial crisis.