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Archive for June 22nd, 2014

All the while, Martino’s ultimate warning — that they might someday regret actually getting the money they wanted — would still hang over these two young men, inherent to a system designed to turn strivers into subcontractors.  Instead of what you want to build — the consumer-facing, world-remaking thing — almost invariably you are pushed to build a small piece of technology that somebody with a lot of money wants built cheaply.  As the engineer and writer Alex Payne put it, these startups represent “the field offices of a large distributed workforce assembled by venture capitalists and their associate institutions,” doing low-overhead, low-risk R&D for five corporate giants.  In such a system, the real disillusionment isn’t the discovery that you’re unlikely to become a billionaire; it’s the realization that your feeling of autonomy is a fantasy, and that the vast majority of you have been set up to fail by design.
  —  Gideon Lewis-Kraus
From his article in Wired magazine May 2014, titled: “No Exit: One Startup’s Struggle to Survive the Silicon Valley Gold Rush
[Emphasis is mine.   —   KMAB]
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On This Day In:
2013 I Do Not Fear It
2012 Until Found
2011 Reducing Goods To Data
The Fog Of Civilization Building

 

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