When I was in the Seattle startup scene, I came to the conclusion that the Silicon Valley bubble had become overrun with charlatans, grifters, and amoral people only interested in making a quick buck. Pretty much any rando who grew tired of being a used car salesman could max his Visa card putting together a flashy office and a piece of craptastic demoware as a lure to hook investor money.
I think it's just a natural progression. Sleaseballs follow the money.
When flipping houses became popular, the worst kind of people starting flipping houses to make a quick buck. When day trading became popular, the worst kind of people starting day trading to make a quick buck. When software started becoming big business, the worst kind of people started pretending to be "startups" to make a quick buck.
For a more historical perspective, see also: Railroads, mining, logging, banking, shipping, etc...
When I was in the Seattle startup scene, I came to the conclusion that the Silicon Valley bubble had become overrun with charlatans, grifters, and amoral people only interested in making a quick buck. Pretty much any rando who grew tired of being a used car salesman could max his Visa card putting together a flashy office and a piece of craptastic demoware as a lure to hook investor money.
I think it's just a natural progression. Sleaseballs follow the money.
When flipping houses became popular, the worst kind of people starting flipping houses to make a quick buck. When day trading became popular, the worst kind of people starting day trading to make a quick buck. When software started becoming big business, the worst kind of people started pretending to be "startups" to make a quick buck.
For a more historical perspective, see also: Railroads, mining, logging, banking, shipping, etc...