Silicon Valley's Loony Cheerleading Culture Is Out of Control
Nerval's Lobster writes "Kernel editor-in-chief and noted firebrand Milo Yiannopoulos swings away at Silicon Valley's current startup culture, noting that it's resulted in herds of wannabe founders and startup groupies who don't exactly have a track record of starting successful companies or even producing solid code. 'Though they produce little of value, they are the naive soft power behind aggressive capitalist machines in Silicon Valley: the trend-setting vanguard of the global Web and mobile industries,' he writes. 'We should be very wary indeed of these vacuous cheerleaders whose vague waffle about the transformational potential of photo-sharing apps is more sinister and Orwellian than anything dreamt up by a dictator.' How long can such a culture continue before it dries up, and the whole tech-investment cycle begins anew?"
While the content being generated by these startups may be vacuous, there is at least the spark of new ideas (in some cases) or tangental thought that leads to other ideas. Someone else does the real legwork if it's a good spark, if these small startups can only talk the talk. Contrast the want-to-do's with the Microsoft archtype of staying safe and not innovating or thinking fresh.
There is some value to the cheerleading, even if it's just to provide grain for others to mill.
Laughter is the Spackle of the Soul.
How long can such a culture continue before it dries up, and the whole tech-investment cycle begins anew?
As long as people with money keep getting sucked in by it
In every boom there are con men who see piles of cash and people desperate to invest it. It has always annoyed me when these guys skip in from low-integrity industries like property development, come up with an idea that might even be impossible: "cluster smartphones into supercomputers for small business", round up millions of dollars, have the biggest booths at the local tech conferences, hire up a bunch of dillweeds, rent A+ locations, appear in dozens of self promoting articles "Top 40 under 40", drive around in $90,000 leased cars, and then flame out in a huge way. The only good thing is that when the bankruptcy people liquidate their stuff the stacks of unopened Aeron chairs and the Alienware computers go really cheap.
The massive downside is that they give a black eye to, or outbid, anyone with a valid product trying to raise money, hire developers, and rent locations.
They do it because it's hot, new, cool, chic, hip, swag, fly, swank, vogue, and gosh-darnit a whole lotta fun!
The real legacy of Steve Jobs was to engender feelings of inadequacy in a whole generation of tech bosses. So instead of solid, maybe a little boring, mostly behind-the-scenes approach to technological development, we have everyone and their grandmother trying to emulate the once great king of consumer tech (long live the king!) with dramatic unveiling ceremonies that remind one more of a pop concert than a product release. Frankly, in some cases it's a little embarrassing, because not everyone can pull it off. In fact most people can't. So don't do it because you suck at it. I'm also looking at you, TED.
When investors realize that new =/= good (and in most cases = shit), then we might finally witness the inevitable implosion and with any luck a healthier restructuring of the tech industry. But until then, thundercats ho!
I am "bootstrapping" my latest venture and we are Doing quite well. But, I simply can't stand to talk to other startups. It is always "how much money we raised" or "how much are you raising" - the conversations never are about how much cash you are making and how many paying customers you have.
There is a lot of allure to raising money and a lot of back patting, which is why I just can't stand them.
I would agree Milo is laying it on waaaaay too heavy here....but, honestly, have you met the people he's describing? "Evangelists", "Community Developers", "Mentors", "Facilitators" and their ilk? They have no technical skills to value.
Someone found a thesaurus!
"The artifice of start-up culture is a portent of what is to come."
"At once the zenith of the cult of excessively educated bourgeois bohemians and nadir of a glossy new venture-capital-funded geek culture..."
This reads as a writers masturbatory exercise.