4 ms·

If by "nailed" you mean "reduced a probability of rational discourse by trolling" then sure, he nailed it.

• michaelochurch 13y ago
  You're reacting more to his tone than his content. He's right about how VC-istan works. There's this new engine of extreme productivity that no one understands well; those with early access loot it (getting into private financing rounds where prices are set on the golf course; using VC connections to be air-drop executives) and the public (including Bay Area engineers) eats the bill through failed companies and sudden job-loss, an innavigable career ladder, financial crashes due to overvalued stocks (pump-and-dump), and exorbitant housing prices just to have a chip and a chair. He might be damning his credibility by using "retarded" in such a way, but he's on to the meat of the problem.
  • vdaniuk 13y ago
    Well, I naively continue to expect rationality and solutions on HN including the solution to these VC shenanigans.