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The article is shallow and it would be easy to rip apart most of its arguments (eg. [1][2]). But the worrying trend is that such articles are now appearing very
by RestlessMind 9y ago
The article is shallow and it would be easy to rip apart most of its arguments (eg. [1][2]). But the worrying trend is that such articles are now appearing very regularly, and at some point perception becomes reality. At this pace, SV will be the Wall Street in no time, if it is not already.
[1] > You’re churning out companies that are raising hundreds of millions of dollars, and going bankrupt in literal satires of themselves
Yes, and that is an aspect of capitalism. You take risk on crazy ideas. Some of them will be a fancy juicer, but some of them will also be an electric car.
[2] > Your companies are now solving “my-world problems” (food delivery, cold-pressed, on-demand juice) versus the “real-world problems” you used to solve
Google wants to deploy Loon in Puerto Rico to offer connectivity. Tesla offered to rebuild Puerto Rico electrical grid based on Solar energy. If these are not real world problems affecting everything, I don't know what the author has in mind.
- gggdvnkhmbgjvbn 9y agoYeah I think little has changed in SV in the last year compared to the near 180 in public opinion. My theory is that journalists and readers who used to hate trump as a hobby are bored with the lack of scandal and have turned to SV, the only other interesting new thing in the us.
- Applejinx 9y agoIf there was another interesting new thing, how would you know?
- fancyfacebook 9y agoGoogle is not "deploying Loon" and Tesla is not "rebuilding the grid" out of the kindness of their heart, the problem is everyone already sees phase two coming and doesn't like it. It's not a media problem, it's pattern recognition.
- chillingeffect 9y agoJust to add on to your point, notice the writer is on the Board of a VC firm that does business inside and outside SV. I see huge potential for him trying to deface SV for the sake of his other projects.