[DrewADesign]

Rather than making a good product that’s useful to the world, the goal of current startups seems to be milking VCs who are desperately searching for the new version of the mobile phone revolution that will make this all ok… so it seems like they’re accomplishing their goal?

I reckon the reason the VC rhetoric has reached running-hair-dye-Giuliani-speech level absurdity isn’t because they’re trying to convince other people— it’s because they’re trying to convince themselves. I’d think it was funny as hell if my IRA wasn’t on the line.

[dgxyz]

I think no one cares about the truth or building something good any more. It's a meme economy. Tell a story and the numbers go up. Until they don't.

Yes my pension is probably going down the same sinkhole with your IRA. Good luck. We need it.

[ModernMech]

It's worse than a meme economy, it's a gambling economy. The entire VC business model is gambling (fund 10 hope 1 pays for the losers). Crypto is all gambling. The stock market is gambling. TV ads are all gambling ads. Even dating is gambling.

Now programming and art are both gambling.

[ass22]

Its always been like this but for awhile you had people like Steve Jobs to hold people like Bill Gates accountable. He long referred to MSFT as being mcdonalds in relation to the stuff they produced - very pedestrian.

[queenkjuul]

Yep, all that accountability gates has faced in his life.

Is he facing charges yet for sneaking drugs into his wife's food, or did he only ever discuss that with his buddy Jeff E and never actually follow through with it