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Only the tech industry thinks of itself that way. Outside the tech industry, everyone thinks of us as investment bankers - overly paid, out of touch clowns sur
by spaceman_2020 4y ago
Only the tech industry thinks of itself that way.
Outside the tech industry, everyone thinks of us as investment bankers - overly paid, out of touch clowns surviving largely on cheap money.
You should see the sheer glee online after every round of layoffs.
- rcarr 4y agoYeah but that’s what I’m saying, even the tech industry doesn’t see itself that way any more. “An era can be considered over when its basic illusions have been exhausted.” - Arthur Miller
- ianai 4y agoIt doesn't help that the letter meant to help prop up svb to potential buyers was not signed by many "web3" companies. You'll notice a16z is not on this: https://docs.google.com/document/d/13h84RV5MXZpImXxelaYOcI6B5OUwjL1H4ERxW7EjTGQ/preview https://docs.google.com/document/d/13h84RV5MXZpImXxelaYOcI6B... You have to wonder at their motives when the stated goals of "web3" include undermining usd.
- spaceman_2020 4y agoThe crypto crowd is something else. While I’m sympathetic to the foundational ideas, wishing for the destruction of the national currency and the pauperization of tens of millions just so your magic internet hashes can be worth more is just…awful, awful behavior.
- ianai 4y agoCertainly doesn’t sound like an argument to use their tech. Sounds more like a screed one might hear on a street corner from someone needing medical attention than sound financial advice.