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How to Get Rich Quick in Silicon Valley
- alephnan 9y agoTLDR: writer with "a bunch of half-baked ideas" whose plan is to "pitch a tech startup and get obscenely rich while writing a book about how to pitch a tech startup and get obscenely rich – the Silicon Valley way" moves to "Hacker Condo" in San Francisco, conflates it (SoMA) with Silicon Valley, does other cliche tech bro things, namedrops an incoherent sequence of tech brands (Soylent, TaskRabbit, and then LifeHacker??), claims startup communities such as Hacker News are shovel merchants, reminds us that "profit-hunger, philistinism and misanthropy are and always have been at the core of the enterprise" and concludes "new breed of Silicon Valley billionaires knew exactly what they were doing. The plan was to take all the money and run – to Mars, if necessary" This is what the author had to say about job security for programmers: many programmers who had “made it” in Silicon Valley were scrambling to promote themselves from coder to “founder” ... the programmers knew that their own ladder to prosperity was on fire and disintegrating fast. They knew that well-paid programming jobs would also soon turn to smoke and ash, as the proliferation of learn-to-code courses around the world lowered the market value of their skills, and as advances in artificial intelligence allowed for computers to take over more of the mundane work of producing software. This seems to be a plug for their book "Live Work Work Work Die: A Journey into the Savage Heart of Silicon." Here's one of the Amazon reviews and I quote, "If you don't have any ideas and can't succeed, write a book about it"
- derrida 9y ago"If you don't have any ideas and can't succeed, write a book about it" would be an awesome blurb for a book... As for your TL:DR; i thought it was a bit unfair to the author... they write really well and I think there is a huge shadow side in terms of tech capitals impact on the culture that, by definition, if you're in it, you're going to see as them as "out group" ... "obviously they aren't a good X... they failed"... ah, the fallacy of ad failuralum non VC-ium. :) ;) :) What sort of cultural valuea are there where the notion of being "uninvestible" can get your ideas crushed without question? Is not a culture that values high technology, reason or the plethora of values that make something worthwhile and good
- candiodari 9y agoAll while insulting the actual businesses and San Franciscans they want to imitate at every turn. "Now the tower’s largest tenant was a website that allows anonymous semi-literates to post critiques of local establishments." "there were not enough applicants to fill all the openings for “Java Legends, Python Badasses, Hadoop Heroes”, and other gratingly childish classifications describing various programming specialities." Very classy. Although I must say, I have noticed that there is a great deal of Silicon Valley hate in many places in Europe.
- dx034 9y ago> Although I must say, I have noticed that there is a great deal of Silicon Valley hate in many places in Europe. Really? Haven't noticed that. There is a lot of mistrust of some companies because of privacy (Google, Facebook, Twitter) and market disruption (Amazon). But SF appears popular as a tourist destination and I haven't heard of anyone here in Europe hating SV as such. I think Wall Street still has a far worse reputation than SV.
- newfoundglory 9y agoHow are those quotes insulting? Maybe if you came up with the term "Hadoop Heroes" and thought it was amazingly clever?
- return1 8y ago> I have noticed that there is a great deal of Silicon Valley hate in many places in Europe. Where it exists, its mostly schadenfreude/jealousy. SV culture is probably closer to european than a lot of the US.
- tomc1985 9y agoThat's a little harsh, no? It's an outsiders' take on what seems to have grown into a disconnected, insular culture. While under most circumstances one could dismiss such commentary as "he doesn't understand us and made little effort to get to know us," when that culture exists primarily to make stuff (products, software) for the masses it would do well to pay heed to its criticism, don't you think?
- apotheothesomai 9y agoWell, sort of, I think. The thing is that these 'outsiders' don't have a fresh or independent take. They come packed full of previously established ideas and ways of thinking. I don't just mean preconceptions; I mean something like how ethnographies were found to employ very common tropes, or how so-called science documentaries misrepresent research by making a story look like a primetime detective show. Why do think so many of these outside stories seem the same? The short answer is tropes. These don't only concern the forms any story can take, but also actually shape how one conceives of things. Besides, the Bay Area employs more than 1M people just in sw/hw connected roles (engineers, product managers, project managers, operations, and testing). The outsiders look at a subgroup that represents less than 5% and equate that the tech industry out here.
- alephnan 9y agoYes. Thank you. It’s not just the message or sentiment. It’s that it’s unoriginal and not introducing anything new worth debating
- mseebach 8y agoExcept it's (mis)representing itself as an insiders view. Kind of reminds me of The Circle, iirc the author made a point out of not researching how Google/Facebook works when writing it, instead preferring to indulge his fantasies. At least The Circle didn't pretend not to be fiction, this seems like it wants to be journalism. And that's, frankly, a problem.
- lucozade 8y ago> That's a little harsh, no? I don't think it's harsh. If anything it's falling for the author's narrative. The author was clearly there solely to write a hatchet job on the SV startup culture. The stuff about getting rich is just there to make him sound a bit less parasitical. I'm sure some of what he says is valid but the dystopia is just as fake as the idea that SV is paved with gold. I'd go further and, given these kinds of articles usually follow a template, it's quite interesting what he didn't say. Usually the author will find people who are disillusioned/downtrodden to interview i.e. show the rotten underbelly. It's noticeable that the only negative commentary came from a barman and a musician, and they were of the basic change is bad variety. As a consequence, he's stuck with painting everyone as a witless man-child. So either he's an incompetent journalist or he didn't find a rotten underbelly. As I've never been to SV, I can't comment on which it is but I can be pretty confident that this article won't help me find out.
- mvindahl 9y ago> "[..]and as advances in artificial intelligence allowed for computers to take over more of the mundane work of producing software" Sounds like a brill idea. We could cut those pesky developers out of the loop. I imagine that the AI would need some kind of detailed specification to guide it. To avoid ambiguity, the spec should have a very clear syntax. We'd need people to translate from human language to spec language, of course. And to remove unforeseen consequences, and to change the spec as business requirements evolve. And when unsupervised, these people would argue over indentation or write comments on HN ... Hey, wait ... :^)
- majewsky 8y agoI love how arguing over indentation is an essential part of being a programmer according to this descrpition.
- dhab 9y agoThe author may be wrong in some areas, but I think he is also right elsewhere. I don't think your TLDR is accurate.
- watwut 9y agoIsnt the last quote true, actually? I have seen a lot of people complaining about job market in SV and articles about people who struggle to get jobs for various reasons. (And also different people having good time, but that does not cancel out others.) > They knew that well-paid programming jobs would also soon turn to smoke and ash, as the proliferation of learn-to-code courses around the world lowered the market value of their skills, The complains about outsourcing are complains about exactly this. And complains about jobs going to cheaper young people. And the complains about young people not being as awesome or passionate or obsessed natural geniuses or whatever as we all supposedly were. And complains about people who went to school and have degree, but don't have experience yet. There seems to be a lot of insecurity going around. And logically, learn-to-code courses that makes it easier to learn to people who would not even know where to start or that it is possible to learn programming easily are bound to lower the marker value of our skill.
- shanghaiaway 9y agoHacker News is part of YC's lead generation funnel (deal flow), so the part about shovel merchant is correct.
- alephnan 9y agoThe HackerNews shovels costs me nothing but leisure time
- north_east_dev 8y agoIt's the Guardian. They have a serious axe to grind with SV/tech in general. Their bias in this area is laughable but gotta play to the home crowd I guess.
- numismatex 8y agoBeing a few hours away from California, I no longer see this as bias. Scum. Scum, everywhere.
- xkcd-sucks 8y agoWriting blog posts is the get-rich-slowly plan :)
- netsharc 8y agoGoogling his name, he seems to have always been an author, my interpretation is that his "half baked idea(s)" is just a fictional premise he's made up, so he can experience what it would be like to try to get into the tech scene. If he were writing about Hollywood he'd say he's trying to be an actor. And well duh it's a plug for his book, it's adapted from it. But his criticism is valid, IMO. It's not like Silicon Valley is a concentration of brains trying to solve the world's problems, it's a concentration of brains doing silly shit, like the billionth app that will let you order pizza or some algorithm so your video stream loads faster, or as he quoted: "what is my mother no longer doing for me?". What's their (SVers') goal? Success, within monetary terms? If that's your religion, and you're in IT, of course SV is your mecca. I wrote "solving the world's problems" above, I'm inspired by this TEDx criticizing the shallowness of TED Talks (video is embedded: https://www.theguardian.com/commentisfree/2013/dec/30/we-need-to-talk-about-ted https://www.theguardian.com/commentisfree/2013/dec/30/we-nee...), why are we just making the next pizza delivery app instead of thinking how to fix problems like climate change or food shortage?
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- jankotek 9y agoIs it even possible to get rich in SV? Obscene cost, no housing, high taxes, life time alimony... It seems like the worst place to start the business.
- mcpherrinm 9y agoYes. There are many rich people in SV. That is why the costs are obscene. Even if a house costs $2M in SF, you can earn that in a few years on an engineer's salary. If you pick the right companies, and are relatively successful, it should be possible to accrue millions of dollars in SV, even with the costs of living. That's rich in my books. But really rich? There are of founders of tech companies who earn $100M or more from a successful startup. SF is probably one of the most likely place to make that happen.
- sudeepj 9y agoThis is somewhat analogous to film industry, isn't it? It attracts lot of potential actors. Lot of stories about their struggles and how unforgiving the industry can be. All they see are super-famous and super-rich actors and they all want to like that.
- nikanj 8y agoEntry-level programmers are paid $100k per year, entry-level actors are paid exposure.
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- romanovcode 8y ago> Even if a house costs $2M in SF, you can earn that in a few years on an engineer's salary. Yes, because everyone knows that average engineer in SF earns ~400k per year.
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- xivzgrev 9y ago'So if someone asked “What’s your space?” and you had a deeply unfashionable job like, say, writer, it behooved you to say “I deliver eyeballs like a fucking ninja”.' LOL. I personally would rather hear someone come out and say they're a writer, but I can see how the alternative can sound more interesting.
- numismatex 8y agoWhen you're running a room with sharks swimming through it, I doubt it helps to be so bland. It's absurd, but I've seen it here in Las Vegas as well.
- majewsky 8y agoOnly to people in the bubble. When someone introduce themselves to me as a "ninja", they immediately get awarded -1000 points in my mind. Either they're full of shit, or they're an actual ninja, but then they suck at their job because ninjas don't go around proclaiming their ninjadom. So it's deserved either way.
- siberianbear 8y agoI'm no expert on Japanese culture or ninjas, but my idea of of a ninja is someone who is dressed in black, infiltrates your building, kills you with a thrown weapon, and then escapes without being seen. So, if you "deliver eyeballs like a fucking ninja," then you're not a very good ninja.
- mempko 8y agoOr, the alternative, they dress in black, infiltrate your building, and then gouge your eyes out and deliver them to their client. If you think of them that way, then yes, they can be a good ninja.
- siberianbear 8y agoOkay, I can accept that perspective. But that's not exactly in the way they mean it in Silicon Valley. In Silicon Valley, when they say "deliver eyeballs like a fucking ninja," they mean, "I'm can get a quarter-million people to look at your website." Obviously, that means quite something different than carving peoples' eyes out, after which they won't be able to see any websites.
- JohnJamesRambo 9y agoThis is one of the most dystopian things I’ve ever read.
- sudeepj 9y agoYes, this can be a very good topic for an episode on Black Mirror TV series [1] [1] https://en.wikipedia.org/wiki/Black_Mirror https://en.wikipedia.org/wiki/Black_Mirror
- netsharc 9y agoI'd say more appropriate for a TV series, where each episode the hero finds something else more depressing about this future. Maybe like the TV show "Silicon Valley" but with much darker humour.
- jxub 8y ago"A Valley of silicon, tragedy, and despair..." - sounds like some dark Lovecraft stuff.
- blablabla123 8y agoTrue. I mean I work since 5+ years in Startups, even (with not so much success) co-founded. At the bottom line it stinks, of course I see that I can find a new well-payed job with ease. But people do treat me like a drone and I need to go through all this stupid office politics. Working from Berlin in Germany though but I get the taste of the pure essence, which seems to be in SV for instance...
- sooham 8y agoAs an intern nearly done with work in the Bay Area I find the whole idea of permanently immigrating to Silicon Valley repugnant. Housing prices are in the millions, terrible healthcare, earthquakes every other week, dire state public transportation, apathetic attitude towards its homeless and, lots of groupthink. I suggest any YUPPIE (in a developed nation) with offers from a big four here reconsider their local offices imho. It is depressing to think this is the best place for STEM careers in the world.
- fragmede 8y agoOh yes, I've heard about the earthquakes. If they're half as bad as I've seen in movies, that must be pretty bad! I'll bet it disrupts your whole day when the Earth randomly splits open and your car falls in, eh? Every other week, too?
- ArchTypical 8y ago> earthquakes every other week Ridiculous hyberbole is right.
- TYPE_FASTER 8y ago> It is depressing to think this is the best place for STEM careers in the world. I don't think that's the case.
- jSully24 8y ago"It is depressing to think this is the best place for STEM careers in the world." There are many amazing places well beyond Silicon Valley for STEM careers. And in startups if that is the route you want to go. I'm in the Minneapolis/St. Paul area. We have a vibrant startup community and the unemployment rate is near 0. No matter if you want to go startup, small company, or large, you can find it here with great pay and benefits. The people here are fantastic. You can live in the city or suburbs for an affordable amount of money and escape the city in 30 minutes if you want to get away. Great place. Not to mention Austin, Chicago, and so many more. Don't limit your looking to just the valley. There is much more out there.
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- czep 8y ago"We startup wannabes were not entrepreneurs. We were suckers for the shovel merchants" Now for a little experiment: everyone reading this, go immediately to the mirror, look at yourself, and explain the business model of the company you work for. Can you do it? Doesn't it make you want to throw up?
- throvvaway2 8y agoI'm also one that came and left (after 5 years). I'm rich now that I don't live there.
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- amitlzkpa 8y agoHe junks the Silicon Valley culture by portraying how this it's a fake culture fueled only for some people to make money. I don't disagree with it, what I disagree with its portrayal as a scamming culture. Won't you expect everyone to be trying to make a buck when the time is right legally? Legality can be said to be objectively important, but morality is choice? And while it does represent the majority, isn't this the very same culture that enabled the unicorns from there? The descriptions of Zuckerberg or Musk or Jobs's lives before they got big would've sounded very similar to this.