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by KleinmanB
5516 days ago
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These articles constantly surface and they are beyond stupid. Facebook is VERY meaningful, 99 Designs (Helping small companies exist) is very meaningful. Marginalizing innovation because they arent curing cancer is stupid and misses the value. |
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But n th Facebook app/game, photosharing, UX/Design nonsensical blogging platform is surely isnt innovation.
The issue is that while Wealth might be a non zero sum game, talent is a zero sum game. More people making crap apps mean lesser people working on meaningful innovation in Healthcare, Energy and Computing.
And this sad trend is started by YC/TC and the likes. Actually all traditional VC firms such as KPCB do fund real innovative companies, e.g. BloomBox