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by fragmede 519 days ago
"Jack squat" is still in the millions of dollars for holders of a golden ticket, but it is fundamentally a gamble.

> it's true that the startup scene has delivered basically nothing of real value to the economy in the last fifteen years

"basically" is what Wikipedia calls a weasel word. If you're determined to look at the world through a particular lense, by discarding any points to the contrary, you're basically right. That's not the same as actually being right, but it comes down to attitude and world view. If you believe the world is shit, you can find countless examples of it being shit. Because sometimes it is. If you want to have hope and believe in better, you can find those examples too. Because they're also there. Life isn't a math problem though, so you can't take 100 misery points and combine them with 200 hope points and end up feeling happy.

As far as the people at the "top" being amoral psychopaths. It's the amoral psychopaths who make the most noise. A humble quiet person funding soup kitchens and not talking about it isn't going to ping on anybody's radar. Yeah the psychopaths exist, but so do the helpers.

no one wants to believe they're the grump ruining everyone's fun, but would you take all that emotional effort to go challenge the grumps, who are just going to argue, aren't going to appreciate anything you do, and are just a bunch of cynical unhappy assholes, or would you just go find a different digital lawn? (which may just be one thread over, having fun with the idea of an electrostatic wall)

1 comments

> "Jack squat" is still in the millions of dollars for holders of a golden ticket, but it is fundamentally a gamble.

I was interviewing with a bunch of mid-stage (series A/B) startups for senior/staff roles. Without exception, every single one offered me so little equity that the only way they'd EQUAL big tech pay was if they hit a slam dunk and became multibillion dollar monsters.

> no one wants to believe they're the grump ruining everyone's fun, but would you take all that emotional effort to go challenge the grumps, who are just going to argue, aren't going to appreciate anything you do, and are just a bunch of cynical unhappy assholes, or would you just go find a different digital lawn?

The situation above was without factoring in dilution and across a few different sub industries. I think it's pretty reasonable to make fun of founders for this.