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Implying Silicon Valley is affordable compared to NYC is silly. The Californian "Try It" attitude is basically the equivalent of throwing shit against the wall
by meddlepal 8y ago
Implying Silicon Valley is affordable compared to NYC is silly.
The Californian "Try It" attitude is basically the equivalent of throwing shit against the wall while using other people's money. It works sometimes, but it's a terrible strategy that only works because VCs hit a unicorn that wipes out all the mistakes every so often.
- adventured 8y ago> it's a terrible strategy that only works because VCs hit a unicorn that wipes out all the mistakes every so often The "only" part of that doesn't actually invalidate the fact that it works. What you said is: it's a terrible strategy that has worked extraordinarily well. It's a great strategy that has been shown to work across five decades of tech upheavel, precisely because it does pay for itself over time and keeps generating returns for institutional money. That it works so well is why it has all kept getting bigger as the positive results roll forward. It also produced the greatest concentration of tech dominance and invention the world is likely to ever see in one place.
- Apocryphon 8y agoMaybe it's time for some daring innovators to disrupt this rickety archaic model?