Vcs Quotes

“Young guys moving west after college no longer hope to become the next Steve Jobs, they want to become the next Mark Andreassen. The Valley has become a Casino where the VCS and Angel Investprs blindly bumping money into every slot machine hoping to hit the Jackpot. The difference is that the bunter who gets lucky on a slot machine doesn’t walk away convinced he is a Genius.
Instead of writing about tech, the industry‘s bloggers now write about venture deals and who raised how much at what valuation. The Valley has become obsessed with money, and there is a lot of it around.”
― Dan Lyons, Lab Rats: How Silicon Valley Made Work Miserable for the Rest of Us