Real bummer of a story. > He approached me because he was really into startups and wanted to become a tech entrepreneur, and make the big bucks It's a shame that so much of tech culture has become about money. Money was always a part of it, but living in the Bay in 2010, there was more of a focus on building things. But once people started getting rich, especially off bitcoin, it brought in a whole host of people who…
> Money was always a part of it, but living in the Bay in 2010, there was more of a focus on building things. But once people started getting rich, especially off bitcoin, it brought in a whole host of people whose primary passion seemed to be money. This is funny to read because I remember hearing someone complain about the exact same thing in the Bay Area, but their dates were shifted by about 10 years before yours…
The Silicon Valley Founder Meat Grinder
91–100 of 168 posts
Re: The Silicon Valley Founder Meat Grinder
#92Earlier quoted context omitted.
I see the "we work 12 hrs a day 6 days a week" as a euphemism for "we take amphetamines".
Whenever you hear someone say they work 80- (or 100!) hour weeks, you should understand what they mean is they had a few crunch weeks once.
Re: The Silicon Valley Founder Meat Grinder
#93Real bummer of a story. > He approached me because he was really into startups and wanted to become a tech entrepreneur, and make the big bucks It's a shame that so much of tech culture has become about money. Money was always a part of it, but living in the Bay in 2010, there was more of a focus on building things. But once people started getting rich, especially off bitcoin, it brought in a whole host of people who…
> Money was always a part of it, but living in the Bay in 2010, there was more of a focus on building things. But once people started getting rich, especially off bitcoin, it brought in a whole host of people whose primary passion seemed to be money. This is funny to read because I remember hearing someone complain about the exact same thing in the Bay Area, but their dates were shifted by about 10 years before yours…
Re: The Silicon Valley Founder Meat Grinder
#94Founder culture definitely has fraternity vibes - people with no other discernable talent other than being above average looking and having connections with other similar people end up in positions they have no real idea how to do. In other words, there are a lot of people "playing startup" in the valley - some of the VC money flows too easily and there is always going to be an ecosystem of people to try to put it to…
Re: The Silicon Valley Founder Meat Grinder
#95Re: The Silicon Valley Founder Meat Grinder
#96Founder culture definitely has fraternity vibes - people with no other discernable talent other than being above average looking and having connections with other similar people end up in positions they have no real idea how to do. In other words, there are a lot of people "playing startup" in the valley - some of the VC money flows too easily and there is always going to be an ecosystem of people to try to put it to…
People dumping discounted equity to hyper-scale on debt is not a business, but just another IPO over-valuation scheme. =3
Re: The Silicon Valley Founder Meat Grinder
#97Founder culture definitely has fraternity vibes - people with no other discernable talent other than being above average looking and having connections with other similar people end up in positions they have no real idea how to do. In other words, there are a lot of people "playing startup" in the valley - some of the VC money flows too easily and there is always going to be an ecosystem of people to try to put it to…
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Re: The Silicon Valley Founder Meat Grinder
#98Real bummer of a story. > He approached me because he was really into startups and wanted to become a tech entrepreneur, and make the big bucks It's a shame that so much of tech culture has become about money. Money was always a part of it, but living in the Bay in 2010, there was more of a focus on building things. But once people started getting rich, especially off bitcoin, it brought in a whole host of people who…
Re: The Silicon Valley Founder Meat Grinder
#99Fwiw, without naming names, I helped someone at a hackathon make their first app on something he was passionate about, later found out he had been recently homeless living on an abandoned boat, and now years later, afaict he turned that into a $10m/yr business with ~millions of users Persistence > Intelligence , and being able to code isn't some sort of superiority thing, it's just one skill of many Edit: being able…
Re: The Silicon Valley Founder Meat Grinder
#100Reminds me of this 2015 article "Beware The Pretty People" http://techcrunch.com/2015/02/28/beware-the-pretty-people/ > The establishment scions pouring into tech take on the trappings of subversion, while remaining fundamentally conformist. Meanwhile, rampant success inevitably causes the former tech counterculture to morph into posturing “Prada revolutionaries,” Unfortunately the article ends on praising crypto and…