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by t-3
28 days ago
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People can achieve a high standard of living anywhere in the world on half or a quarter of what goes for normal in SV tech. The valuations of these companies are even more inflated than their wages, and most of them aren't even profitable and don't have good prospects. Bubbles benefit some people, but they're a sign of dysfunction and I don't believe that the proper reaction to a sign of deep societal dysfunction is to celebrate that a few thousands of people can make a lot of money out of it. |
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