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by cookiecaper 3378 days ago
SV thinks it's hot shit, but things like this clearly demonstrate how dumb it is. It matches well the stereotypical "brogrammers" in whose image it was built.

Investors feed the narrative because they need the naive (that is, the young) to pour in and accept the wages of "an apartment split with 8 other guys and some ramen".

1 comments

Hasn't anyone noticed that Silicon Valley has lost its position as THE place to start a business. There are startup clusters all over the place now, and not just in the USA but in Germany and Moscow and many other countries.

The only thing left that SV has a lock on is some very big VC funds and some part of the buzz around startups. But successful companies are now found in Austin, Vancouver and so on. Perhaps part of the reason is that there is greater diversity in those cities.