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by ixvvqktiwl 2179 days ago
The HN community has always been about finding ways to get rich. The startup/VC culture is entirely about getting rich. Pretending it's not is a big lie that SV has always perpetuated.

So, naturally, people admire those rags to riches stories.

For the record, I'm not against people trying to get rich, but I really dislike the fact that so many people try and pretend it's about something other than getting money.

Being a VC is not a charity, it's literally about growing an investment. Starting a company is not about charity, it's about generating revenue and ROI.

1 comments

There's growth through technical innovation, which has pretty sweet positive externalities, and there's growth through through speculation, which is more like gambling really, looking for an edge in the game. I'm not opposed to the latter but I don't find it very impressive.