Incompetence has been spreading throughout all industries for the past few years. I frequently think back to this Ask HN from September 2020 asking if anyone el

Incompetence has been spreading throughout all industries for the past few years. I frequently think back to this Ask HN from September 2020 asking if anyone else has noticed the trend. [0] That said, it seems a bit (outrageously) disingenuous to blame this on "tech" incompetence, when these startups are failing through no fault of their own, and when in fact the failure is due solely to the incompetence of bankers. The CFO of Lehman Global Investment Bank was an executive at SVB, having started there in 2007 just one year prior to Lehman going bankrupt. [0] https://news.ycombinator.com/item?id=24421934 https://news.ycombinator.com/item?id=24421934