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The post is a great example of how the term "value" is misunderstood. Value in the context of startups (Lean's definition) is not the same value when I talk abo
by transitorykris 11y ago
The post is a great example of how the term "value" is misunderstood. Value in the context of startups (Lean's definition) is not the same value when I talk about a nurse's or school teacher's work. The distinction is subtle, and when the subtly is missed can lead to anger because it feels as though a kind of value is being devalued.
- foolrush 11y agoThe writer completely understands this issue and is why she is reframing it. This is part of the thesis, the manner in which capital forwarded by VCs into startups, shape this dysfunction.
- braythwayt 11y agoYes she perfectly understands the difference. The problem she is attacking is that in Silicon Valley, people pave over the difference and act as if creating wealth is in and of itself creating both kinds of value.
- tmercer 11y agoDoes she have a source for this? Because PG's essay never made that claim, which is why people are accusing her of strawmanning.