It's opportunism gone awry. We're in another tech bubble where founders are flush with investor money, and don't know how to spend it correctly. They buy a .IO

It's opportunism gone awry. We're in another tech bubble where founders are flush with investor money, and don't know how to spend it correctly. They buy a .IO TLD because it's trendy, stock the office fridge with expensive beverages designed to burn out their colleagues, spin up servers on AWS like Apache is going out of fashion, sign up to any number of SaaS solutions designed to offload and streamline workflow so much that no work actually gets done, and ultimately - piss the money away, lose customers, and become another has been startup. Related: What bums me out about the tech industry: http://blog.shutdown.com/ http://blog.shutdown.com/ Son, It’s Time We Talk About Where Start-Ups Come From: http://www.mcsweeneys.net/articles/son-its-time-we-talk-about-where-start-ups-come-from http://www.mcsweeneys.net/articles/son-its-time-we-talk-abou... Similar HN thread: https://news.ycombinator.com/item?id=8845809 https://news.ycombinator.com/item?id=8845809