2 ms·
>Keep this story in mind when someone tells you that tech is a meritocracy. I will. But there is nothing new here if you're paying attention. There is also fai
by molteanu 7y ago
>Keep this story in mind when someone tells you that tech is a meritocracy.
I will. But there is nothing new here if you're paying attention. There is also fair competition, an open market and equal opportunities for all. That sentence strikes me as false when your competitors can literally bleed millions for years all the while killing any form of competition. Examples abound, from WeWork to Tesla and all these Uber-like startups [1].
What is a poor, hard-working, honest guy to do in this extremely out of balance scenarios if he's not on the "have-tons-of-money-to-burn-through" side of the equation?!
[1] https://www.theatlantic.com/ideas/archive/2019/10/are-we-cusp-next-dot-com-bubble/600232/ https://www.theatlantic.com/ideas/archive/2019/10/are-we-cus...