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VC-istan is the same thing. VCs force rapid growth, act as a herd that injects huge amounts of cash or none, and have thus created an economy powered by clueles
by michaelochurch 13y ago
VC-istan is the same thing. VCs force rapid growth, act as a herd that injects huge amounts of cash or none, and have thus created an economy powered by clueless men in their early-mid 20s who think they'll be founders in their next gig (when, in fact, they will be founders never).
The truth is that the world's full of suckers who can be paid in promises rather than actual rewards. So many people will believe anything they are told.
Academics and startup engineers have less of an excuse than drug pawns, though. The soldiers have felony convictions (often) and generational poverty issues against them, putting regular employment out of the question. Academics and startup engineers are privileged people who refuse to fight for themselves; most of them exhibit the very process by which wealth declines-- a refusal to look out for one's own interests.
- DaveWalk 13y agoI like your comparison -- nobody hats yet drawn the parallels between the topic and the startup culture, which makes a lot of sense. It reminds me of a quote I once heard attributed to Bruce Sterling: "Start ups are full of people working hard to make other people rich -- baby boomer financiers, mainly."