Founder culture definitely has fraternity vibes - people with no other discernable talent other than being above average looking and having connections with other similar people end up in positions they have no real idea how to do.

In other words, there are a lot of people "playing startup" in the valley - some of the VC money flows too easily and there is always going to be an ecosystem of people to try to put it to work.

Most people start businesses for tax reasons, and to mitigate financial risks.

People dumping discounted equity to hyper-scale on debt is not a business, but just another IPO over-valuation scheme. =3

main personality trait i want to my kids to have is being a confident extrovert that loves ppl and ppl love. Also make sure to marry for looks if you are not that great in that department.

Nothing else even comes to close to these attributes in having a comfortable sucessful life. introverts and cynics get crushed.

[flagged]