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Given how popular it is for politicians & the general public to lambast the entire financial industry (esp. post-2008 crisis), I'm honestly surprised that the c
by gringoDan 9y ago
Given how popular it is for politicians & the general public to lambast the entire financial industry (esp. post-2008 crisis), I'm honestly surprised that the criticism of Silicon Valley didn't begin sooner.
I remember having a conversation with a friend a few years back about how many people in the tech/startup space have embraced the exact same elitist culture (i.e. "We're smarter than you so we can do whatever we want") that made people highly critical of Wall Street. This conversation was in the wake of a startup literally dropping cash into the streets during a tech conference.[1] Despite this, startups & big tech companies alike were getting a free pass from the general public because they make "cool products" that people like to use every day.
My friend told me, "You know how much people love to hate bankers? Silicon Valley is next." Prescient words.
[1] http://www.businessinsider.com/dreamforce-15-salesloft-shoots-money-guns-into-san-francisco-2015-9 http://www.businessinsider.com/dreamforce-15-salesloft-shoot...