The party came to a stop when everyone finally realized that 98 percent of those Internet firms didn’t generate any revenue, but a lumpy crew of sociopaths got in and got out with expert timing. Guys like Marc Andreessen, Peter Thiel, and Elon Musk sold their grossly overvalued stakes in computer crap for nerds, walked away with billions, and were able to transform Silicon Valley from a community of weird garages to a speculator’s paradise, where men in quarter-zip sweaters shuffle around ten-figure capital allocations in between blogging about sea barges where ephebophilia is legal.
