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It's not about absurd valuations at all, and that you appear to think it is neatly epitomizes the self-absorbed myopia of the Silly Valley tech scene. How many
by rosser 11y ago
It's not about absurd valuations at all, and that you appear to think it is neatly epitomizes the self-absorbed myopia of the Silly Valley tech scene.
How many non-tech people's lives are going to be adversely — and far more adversely than the tech people, at that — impacted by a hypothetical tech bubble popping? (Note the lack of assertion that we're in a bubble; that's not the point I'm here to discuss, and I have no horse in that race. I just think the notion of the fallout of a bubble bursting being limited to tech people and private money is not merely ludicrous, but offensive.)
But they can't code, so why should we care about them, right?