2 ms·
Huge amounts of venture capital poured into a million nonsense ideas. I'm not saying it's good or bad, but even if a tiny fraction of those startups changes the
by lk251 4y ago
Huge amounts of venture capital poured into a million nonsense ideas. I'm not saying it's good or bad, but even if a tiny fraction of those startups changes the world, there will be lots of others that are completely nonsensical, or lame, or cargo cult, or clueless, ultimately producing useless products with teams of people who either don't care or can't deliver.
Given how much noise the latter group produces, it's no wonder that startups aren't cool anymore. Most of them are incredibly lame, as are the people who run them, who previously went into the prestige career routes of management consultancy and investment banking.
Everyone is a rapper these days, everyone is a rockstar these days, so no-one is.
Edit: Truly disruptive technology will never stop being cool and magical. But there's another clue - even the word disruptive is cringe these days, because it's been abused by the aforementioned horde of muppets.