5 ms·
Agree - I think many of the recent examples of Silicon Valley issues in the media seem more related to Silicon Valley VCs who inherit more traits from NYC finan
by jpao79 9y ago
Agree - I think many of the recent examples of Silicon Valley issues in the media seem more related to Silicon Valley VCs who inherit more traits from NYC finance, sales and hedge fund/investment banking than the hacker in the garage inventing next generation networking, programming language, search engine, machine learning or open source project.
In fact many men (and women) who chose engineering/computer science were explicitly trying to escape these questionable finance/business 'cool kid' types by specifically going into the technology field. [1]
Additionally, I think as technology becomes more ubiquitous in mainstream industries like fashion, real estate, retail, lifestyle manufacturing, tech will be taking on those industries historical problems with lack of diversity.
Many of Binary Capital's investments overall read more like applying smartphone/Uber type apps to a specific industry vertical. They seem a little light on tech, heavy on social/consumer aspects.
https://www.crunchbase.com/organization/binary-capital#/entity https://www.crunchbase.com/organization/binary-capital#/enti...
And a big concern is that the proposed fixes will be focused on increasing diversity training for engineering and computer science (while for sure a good thing speaking as a father with a daughter!) should really be focused on increasing diversity training for finance, investment banking, sales, marketing in all sectors.
[1] http://www.paulgraham.com/nerds.html http://www.paulgraham.com/nerds.html
- notyourday 9y ago> I think many of the recent examples of Silicon Valley issues in the media seem more related to Silicon Valley VCs who inherit more traits from NYC finance, sales and hedge fund/investment banking than the hacker in the garage inventing next generation networking, programming language, search engine, machine learning or open source project. The cultural zeitgeist simply shifted which is why the media is full of stories of "baddies" in the tech. Culturally, tech boys are the new finance boys who of course were preceded by rock-star boys. Hell, we even call tech boys with the devil may care attitude "rock stars". Do you know what were finance boys called in the late nineties? That's right: "rock stars". Want to know who culturally is on a top of the mountain? Look at whom the likes of Miranda Kerr and Amber Heard are dating. Did anything change in finance? Nope. Still the same types of people go into finance. Interns/juniors are still being hazed err... harassed, "rock stars" still spend thousands of dollars in strip clubs entertaining clients, etc and everything is still for sale.