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first, what exactly is meant by wall street here? big finance companies in NYC, hedge funds in china, venture capital firms in SF? second, 'wall street' serves
by siavosh 17y ago
first, what exactly is meant by wall street here? big finance companies in NYC, hedge funds in china, venture capital firms in SF?
second, 'wall street' serves many roles. i assume what's meant here is the early funding of the so called creative classes. here there maybe a larger trend toward diverse sources of financing or simply the absence as more firms achieve ramen profitability.
but i think overall, it doesn't do any service by viewing wall street and the creative classes as mutually-exclusive monolithic entities locked in a death-match.
if anything wall street is undergoing its own internal revolutions as we speak.
- falsestprophet 17y ago"i am a conspiracy nut... web platforms need to develop their own legal system that will challenge the nation-state in order to grow... so the political nature of the last paragraph was wholly relevant to the thesis of the post." kidmercury from his only comment on Hacker News