that's capitalism. CEOs and the stock market vs main street and labor. make ever more profit instead of ensuring that people can buy your stuff and society thrives.
@anildash
I associate 'founders' with Y-Combinator and the whole startup tech-bro grow-to-oligarchy model.
I wonder if, instead of founders, we could use a term like 'creators'? If you need a concept that includes control, then perhaps add 'owners' (with all the baggage of proprietarian systems).
So Creators, Owners and Financiers? A creator that is an owner is ok. An owner that is a financier is not. A creator that starts thinking like a financier becomes a financier.
@anildash 100%.
Investors demand that you kiss the ring, that you treat them as if they are some special something, instead of just… a source of money.
It’s just like mortgages in the bad old days. The value of the house and the buyer’s ability to pay did not matter. It was all about personal relationships.
“Playing the game” is totally broken and fundamentally corrupt.
See art, see music.
@anildash YES! 👏🏿 You've put into words a feeling that's been nagging me for a while.
There's at least one "tech" podcast I really want to love, but they talk almost exclusively about investment, startups, funding, and mergers. Business, really.
I remember reading about and admiring Steve Wozniak as a child. Fast-forward to adulthood, and all I hear about is Steve Jobs - most people wouldn't even recognise the name of the person who actually created the technology that launched the company.
@anildash I'm not sure if it's a symptom; or if we also need to mention the move away from actually making shit as a cause.
It's a lot easier to get lulled into the VC hagiography when the people writing code are plugging away at 50 different ways to make adtech slightly more awful because it's basically true that it's all fungible finance-paste.
Much easier to be interested in the creator when the creation is interesting, not just possibly profitable.