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Which is the fairy tale that investors tell themselves and it's also impeding innovation. We're not music, we're technology; there's more at stake. Our Mozart
by david927 11y ago
Which is the fairy tale that investors tell themselves and it's also impeding innovation. We're not music, we're technology; there's more at stake. Our Mozarts are being left to die in pauper graves while Biebers are inundated in funding to compose their next masterpiece called 'Yo!'.
And what's worse is that people like Andreesen used to be innovators and now they are happy to make this all a circus if it makes them just a little more obscenely rich.
- bryans 11y ago> Our Mozarts are being left to die in pauper graves while Biebers are inundated in funding to compose their next masterpiece called 'Yo!'. I don't have anything to add to this, because I find it to be the most tragically accurate portrait of both Western and startup culture I've ever come across. I just wanted to thank you for providing the perfect response when someone next tries to convince me, non-sarcastically, that Color was "a phenomenal idea."
- onion2k 11y agoI'm not sure that's actually true. There are a few examples of investors putting money in to stupid ideas that eventually fail, but there's also plenty of examples of investments in brilliant, world-changing ideas as well. Take Uber as an example - last September they announced that they're creating 50,000 jobs a month[1]. That's incredible and it'll make a real difference in the world. Using Yo as an example of investors impeding innovation just highlights the fact you need to look at a sample of more than one investment to see what's going on. [1] http://www.quora.com/How-many-Uber-drivers-are-there-in-the-world http://www.quora.com/How-many-Uber-drivers-are-there-in-the-...