Apologies for the tangent - I have never been to the bay area, but I am frequently reminded many times when I meet a “pure tech company” ala google, msft, amzn,

Apologies for the tangent - I have never been to the bay area, but I am frequently reminded many times when I meet a “pure tech company” ala google, msft, amzn, fb software engineer (I’m only 3 years out of school, studied CS) of this self-righteous and condescending narcissism that I haven’t seen repeated across other workers in other industries and a kind of deep sense of self-congratulatory entitlement. It is a little bit akin to what you see with Ivy League students -> Banks/Mgmt Consulting, but infinitely more detestable given how flippant toward the rest of the world the tech attitudes can be. Silicon valley is obviously the new wall street in terms of attracting the big brains and bringing a focused collection of hard working or brilliant individuals - yeah, we need the infrastructure to make the world spin faster but it can really bring out the worst and most myopic visions even from the “best and brightest”. I like automation and disruption, purely for its own sake, because we can. But the hyperaccumulation of wealth driven entirely by advertising is absurd and is effectively non-productive and I hope more people refuse to take classical VC funding and instead opt for organic growth and/or pure public raises. The only reason a web app development company (basically all these startups) that is 6 months old needs 5 million bucks is to create a legal fiction that from its inception is designed to create liquidation events that make VCs extremely wealthy, done in a way that gives the impression of “risk taking” without any real risk being taken because of the ability to create unicorns from deliberate successive raises - all of these entities exist within the same monoculture, with huge overlap in board of directors and investor groups. I think that ICO related innovations can help in potentially mitigating the development and solidication of this monoculture as we have seen in Wall Street, but unfortunately the criminality of some of the newer players in this field is staggering and equally disappointing Tech almost certainly doesn’t need Silicon Valley and a decoupling of peoples thinking in those terms will be very useful step in the right direction