This was a great piece in PandoDaily.com, the Fake Church of Entrepreneurship. Great read and comments.
But the sickness goes deeper.
The guy did this expose, then recants a bit (the pressure of Silicon Valley is that great!) and starts mumbling about stuff that isn't, well, about profits.
So I said, isn't the metrics really about profits, at the end of the day?
And he mumbled some more.
So I said:
But Franisco, you said, just like one of these fake California self-improvement cults and software human potential cults, "how you measure yourself," as if this is some kind of human potential exercise, and not, well, a job. A business. Where you have to work. And make money.
Um, there's something *else* you would measure for business besides profits?! Profits are only *a* measurement?! See, that's why this entire thing is headed for disaster, and already so disastrous. You act as if start-ups are a spiritual growth opportunity. You know, "learn about yourself" or "learn from failure" or "network" or "make a Better World". But that's all crap. All of that is what you do in your Mom's basement. Less people would go into these silly redundant doomed-for-failure start-ups if they were more grownup and realized they had to *make money* and more of them in fact might be useful because they succeed first of all for the person bothering to start them and invest them.
There's a way in which the VC cash and the Ycombinator stuff obscures all these basics of life for people, and they really do think, like, say, Zaarly, that they can burn through $14 million in VC cash while they have a "learning experience" without really having made something viable that makes money.
Maybe the rich people in California would be better off investing in education as a whole rather than this crash-and-burn start-up culture. That education could include internships in real businesses.
I was kinda sorry to see Zaarly switch course, because what it was doing was actually a sort of more open and better organized Coffee and Power (by our beloved Philip Rosedale). To be sure, the premise was different -- it was about the buyer putting up his interest in buying, which is more of a tugboat for views.
But then it got hard to do the quality control, I guess.
And now I wonder, if I were to put, say, my Second Life store on there, or my translation store on there, whether it would be worth it or whether I could get past the devs' friends in the FIC beta-tester love-fest. I liked Zaarly, so maybe it will work (I saw them at TechCrunch).
Speaking of Philip's latest brain child, I wonder how it is doing. I can't figure it out. I think it changed. Maybe the first rule of Workclub is you don't talk about Workclub, yet everyone is talking about it. It's probably for coders. That other joblist sort of thing that had knitters and dog-walkers was closed?