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(Gawker)   San Francisco and the Bay Area are the only places in America where value is created. Deal with it   (valleywag.gawker.com) divider line 66
    More: Obvious, San Francisco, Andreessen Horowitz, capital structure, Jason Calacanis  
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4016 clicks; posted to Geek » on 18 Oct 2013 at 1:44 PM (48 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



66 Comments   (+0 »)
   
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2013-10-18 01:46:51 PM
Wat
 
2013-10-18 01:48:06 PM
F that.
 
2013-10-18 01:53:14 PM
I vaguely recall in Ultimate Avengers (or whatever it's called) that there was a new American Civil War, and one of the last hold outs that President Captain America (go w/ it) personally "subdued" was a bunch of crazy Silicon Valley tech types who were going to "change the world" based on their own crazy principles. It was basically robot slaves keeping the serfs in line so that the oligarchs could hang out in Napa all day long. But then Captain America put some boot to asses and that was that.
 
2013-10-18 01:58:14 PM
i find a sense of irony he used the web to broadcast that message.
 
2013-10-18 01:59:44 PM
Good god ...the stupid, it burns...
 
2013-10-18 02:00:13 PM
Ok.
 
2013-10-18 02:01:58 PM
More tech R&D is spent in the one block adjacent to MIT in Cambridge, MA, than in all of Palo Alto and South SF.
Admittedly, this shift is extremelty recent (within the past five years), but this guy doesn't even know his own industry anymore.
 
2013-10-18 02:05:27 PM
Actually, subby, assembly lines create value.

So does price fixing..

One is hated by business, the other is worshiped by business.
 
2013-10-18 02:06:22 PM
iDiot Tech Evil Overlords.

85% of the government services are considered "essential" and did not shut down.

About the only thing is obviously non-essential stuff like battlefields and parks.

All that proves is that the Abe Simpsons of the USA are happy as long as they get their big fat government cheque. They don't care about museums, parks, space stations or stuff that does not impinge on their bottom line.

Losing 700k or 800k jobs for two weeks is nothing. Try losing that many permanently--and with the multiplier effect, adding another 1 or 2 million to the immediate and permanent losses.

Then having people losing their homes because the government cheque didn't come and save them from health care costs they can't pay, university tuition, the pension that tops up any private pensions they might or might not have.

The government provides services to business and to individuals which can not be replicated by private industry. It is the employer and the provider of last resort. It is a broker of services and goods, not to mention of disputes, and a provider of many fundamental public goods.

iDiots don't have a clue or they wouldn't line up for days to buy the next slightly modified iPhone the way they used to buy whitewalls and slightly modified car models each year.
 
2013-10-18 02:11:33 PM
still wait for star fleet, San Francisco.
 
2013-10-18 02:17:47 PM
i.imgur.com
 
2013-10-18 02:23:55 PM
Shutting down FB for 2 weeks would benefit the American people way more than a government shutdown ever could.
 
2013-10-18 02:25:29 PM
Wow a lot of liberal butthurt in this thread!

/ He's right you know...
 
2013-10-18 02:26:03 PM
I love the Bay Area, but that guy's a self-centered douche.
 
2013-10-18 02:33:27 PM

Elzar: Wow a lot of liberal butthurt in this thread!

/ He's right you know...


And a smug moron to round it out!
 
2013-10-18 02:35:13 PM
Wow, for supposedly being a wealthy venture capitalist this guy flunks basic macro-economics. "Value" is created when raw materials are transformed into useful goods. Show me San Francisco's flourishing manufacturing, mining, or agriculture sectors.
 
2013-10-18 02:36:48 PM

Macular Degenerate: Wow, for supposedly being a wealthy venture capitalist this guy flunks basic macro-economics. "Value" is created when raw materials are transformed into useful goods. Show me San Francisco's flourishing manufacturing, mining, or agriculture sectors.


Does this not affect software at all?  Not trying to be condescending; honestly don't know.
 
2013-10-18 02:40:44 PM
Call me when Dunkelzahn rises and takes over an extra-national companies these guys seem intent on becoming.
 
2013-10-18 02:40:57 PM

Elzar: Wow a lot of liberal butthurt in this thread!

/ He's right you know...


Oh look, a bare assertion.  Never seen a million of those from people who dismiss the opinions of others.
 
2013-10-18 02:42:55 PM

gnosis301: Macular Degenerate: Wow, for supposedly being a wealthy venture capitalist this guy flunks basic macro-economics. "Value" is created when raw materials are transformed into useful goods. Show me San Francisco's flourishing manufacturing, mining, or agriculture sectors.

Does this not affect software at all?  Not trying to be condescending; honestly don't know.


Software suffers from having an infinite supply.  The only thing that really gives it value is artificial constraints on that supply, like copyright and anti-piracy laws.
 
2013-10-18 02:43:58 PM
Case in point: Huey Lewis
 
2013-10-18 02:47:00 PM

meat0918: Software suffers from having an infinite supply.  The only thing that really gives it value is artificial constraints on that supply, like copyright and anti-piracy laws.


So the fact that it can be endlessly, perfectly copied makes it naturally valueless; but laws to limit this artificially create its value?
 
2013-10-18 02:51:26 PM

Macular Degenerate: Wow, for supposedly being a wealthy venture capitalist this guy flunks basic macro-economics. "Value" is created when raw materials are transformed into useful goods. Show me San Francisco's flourishing manufacturing, mining, or agriculture sectors.


This is why it's important to read the entire thread before you comment.

I was just going to reference manufacturing and agriculture. Totally forgot about mining as a wealth creator.
 
2013-10-18 02:52:02 PM

Cubicle Jockey: More tech R&D is spent in the one block adjacent to MIT in Cambridge, MA, than in all of Palo Alto and South SF.
Admittedly, this shift is extremelty recent (within the past five years), but this guy doesn't even know his own industry anymore.


img2-1.timeinc.net

That massive amount of R&D money is unfortunately spent on developing new forms of LSD and applications of Red Vines.
 
2013-10-18 02:54:20 PM

gnosis301: meat0918: Software suffers from having an infinite supply.  The only thing that really gives it value is artificial constraints on that supply, like copyright and anti-piracy laws.

So the fact that it can be endlessly, perfectly copied makes it naturally valueless; but laws to limit this artificially create its value?


It's a gross oversimplification of course.  People donate money all the time to open source free software projects because the want to, but not because they have to.
 
2013-10-18 02:54:59 PM
twat.
 
2013-10-18 02:56:53 PM

Macular Degenerate: Wow, for supposedly being a wealthy venture capitalist this guy flunks basic macro-economics. "Value" is created when raw materials are transformed into useful goods. Show me San Francisco's flourishing manufacturing, mining, or agriculture sectors.


You do realize that turning electrons into pictures of cats that garner pageviews and ad revenue counts as transforming raw materials into useful goods? So long as you create something that can be monetized, you are creating value. It doesn't have to be a physical widget anymore.
 
2013-10-18 02:59:55 PM

Elzar: Wow a lot of liberal butthurt in this thread!

/ He's right you know...


Ah, crowing about butthurt because somebody has a different opinion than you. There's no better way to show us all that you have nothing intelligent to contribute.
 
2013-10-18 03:02:08 PM
Excellent, a real-life Tom Haverford, particularly with the screenshot of that Tweet.
 
2013-10-18 03:03:28 PM

gnosis301: meat0918: Software suffers from having an infinite supply.  The only thing that really gives it value is artificial constraints on that supply, like copyright and anti-piracy laws.

So the fact that it can be endlessly, perfectly copied makes it naturally valueless; but laws to limit this artificially create its value?


Yes. Because no matter the dollar value you can assign to software, the fact that I can make a perfect copy of it for free still exists. Well, not 100% free- there's the cost of owning and running the computer, but that's really not a huge factor. Same with storage.

So, let's value a piece of software at $100. Doesn't matter what it is, this is just a thought experiment and over-simplification to illustrate a point. So, we've got the $100 program, but I can copy it perfectly in an instant. And others can copy my copy. And so on, virtually infinitely. In some period of time, if I wanted, I could generate enough copies of the software for every man, woman, and child to have a copy, all identical to the first.

At that point, what's the value of one more copy of the software? In an unrestricted free market, it's $0. Laws to prevent the infinite copying create some artificial scarcity.
 
2013-10-18 03:09:42 PM

Cubicle Jockey: More tech R&D is spent in the one block adjacent to MIT in Cambridge, MA, than in all of Palo Alto and South SF.
Admittedly, this shift is extremelty recent (within the past five years), but this guy doesn't even know his own industry anymore.


Boston is so cute.

I suppose you read some article online? They forgot to mention the rest of Silicon Valley:

Campbell
Cupertino
Gilroy
Los Altos
Los Altos Hills
Los Gatos
Milpitas
Monte Sereno
Morgan Hill
Mountain View
Palo Alto
San Jose
Santa Clara
Saratoga
Sunnyvale

Add it up and let's see what ya got.
 
2013-10-18 03:19:55 PM
I wonder what the actual brains to bullshiat/sales ratio is in Silicon Valley these days?   1:500,000,000,000?    It's starting to feel all 1999-y again.
 
2013-10-18 03:45:36 PM

InmanRoshi: I wonder what the actual brains to bullshiat/sales ratio is in Silicon Valley these days?   1:500,000,000,000?    It's starting to feel all 1999-y again.


From someone currently working for one of those startups, we're nowhere NEAR 1999.

The BIG problem with 1999 was that you could get tens or hundreds of millions through multiple rounds of funding without showing a penny in revenue.

Today, if you can't at least get to revenue, you won't get Series A.  You definitely won't get Series B.  Yes, profit can come later and there's a gigantic implied end of the tunnel where Google/Apple/Cisco/Yahoo/etc picks you up for $20 Million after 2-3 years and $250K in total revenue (or even worse/better, acqui-hires you after your company FAILS utterly) that FARKS up initial valuations and IMHO makes seed funding a little looser than it should be, but still.

/Oh well.  Even if we don't get Series A, I got paid for 15 months and am on track to retire every debt except my car before this company goes under.
//And then acqui-hire, a nice $100K signing bonus, and a nicer $40K pay raise (which turns into $22K because taxes, but hey, it's Taxifornia and having a third of the nation's welfare recipients isn't cheap).
 
2013-10-18 03:48:56 PM

Kuta: Cubicle Jockey: More tech R&D is spent in the one block adjacent to MIT in Cambridge, MA, than in all of Palo Alto and South SF.
Admittedly, this shift is extremelty recent (within the past five years), but this guy doesn't even know his own industry anymore.

Boston is so cute.

I suppose you read some article online? They forgot to mention the rest of Silicon Valley:

Campbell
Cupertino
Gilroy
Los Altos
Los Altos Hills
Los Gatos
Milpitas
Monte Sereno
Morgan Hill
Mountain View
Palo Alto
San Jose
Santa Clara
Saratoga
Sunnyvale

Add it up and let's see what ya got.


I was about to say that.  Cubicle Jockey'sstatement is virtually meaningless when it conveniently ignores 95 percent of the R&D Landscape of Silicon Valley.
 
2013-10-18 03:53:12 PM

Cubicle Jockey: More tech R&D is spent in the one block adjacent to MIT in Cambridge, MA, than in all of Palo Alto and South SF.


The only thing that happens in South San Francisco is a constant attempt to keep gun shows out of the Cow Palace. Because San Francisco really really hates guns.  They fail every time, but that doesn't stop them from trying again and they are still surprised when they get the same results.
 
2013-10-18 04:15:52 PM

OgreMagi: Cubicle Jockey: More tech R&D is spent in the one block adjacent to MIT in Cambridge, MA, than in all of Palo Alto and South SF.

The only thing that happens in South San Francisco is a constant attempt to keep gun shows out of the Cow Palace. Because San Francisco really really hates guns.  They fail every time, but that doesn't stop them from trying again and they are still surprised when they get the same results.


That and Genentech.
 
2013-10-18 05:07:25 PM
Reading about people like this reinforces my refusal to entertain any recruitment attempts by companies that would want me to be in the bay area.  The hubris and general bullshiattery of the tech industry, especially in the bay area, is really disheartening for a guy like me who just likes the challenge of making software.
 
2013-10-18 05:09:35 PM
Not the first moron that thought non-essential services shutdown while essential services remained equated to "see, we don't really need  the government".


Won't be the last either.
 
2013-10-18 05:19:28 PM

Kuta: Cubicle Jockey: More tech R&D is spent in the one block adjacent to MIT in Cambridge, MA, than in all of Palo Alto and South SF.
Admittedly, this shift is extremelty recent (within the past five years), but this guy doesn't even know his own industry anymore.

Boston is so cute.

I suppose you read some article online? They forgot to mention the rest of Silicon Valley:

Campbell
Cupertino
Gilroy
Los Altos
Los Altos Hills
Los Gatos
Milpitas
Monte Sereno
Morgan Hill
Mountain View
Palo Alto
San Jose
Santa Clara
Saratoga
Sunnyvale

Add it up and let's see what ya got.



Look, I was flabbergasted when I heard it as well. The block in question was practically a ghost town a half decade ago. If you asked me to describe the 2005 Kendall Square, I would have said "Bricks and Loneliness". When my company took us on a tour of the place to show off our new buildings a few months back, I couldn't recognize the place.

And you aren't exactly helpling your position when you had to bring in several area codes worth of real estate to counter  one small city block in Cambridge. It's not like it's the only block in Kendall, or there are no other towns or cities in thie area with ludicrous tech R&D dollars being spent.

It seems that like the person from the article, you are also unaware of the state of the industry.
 
2013-10-18 05:19:34 PM

Macular Degenerate: Wow, for supposedly being a wealthy venture capitalist this guy flunks basic macro-economics. "Value" is created when raw materials are transformed into useful goods. Show me San Francisco's flourishing manufacturing, mining, or agriculture sectors.


It's the artesian grown buds and hand made sweaters....
 
2013-10-18 05:45:00 PM

Kuta: Cubicle Jockey: More tech R&D is spent in the one block adjacent to MIT in Cambridge, MA, than in all of Palo Alto and South SF.
Admittedly, this shift is extremelty recent (within the past five years), but this guy doesn't even know his own industry anymore.

Boston is so cute.

I suppose you read some article online? They forgot to mention the rest of Silicon Valley:

Campbell
Cupertino
Gilroy
Los Altos
Los Altos Hills
Los Gatos
Milpitas
Monte Sereno
Morgan Hill
Mountain View
Palo Alto
San Jose
Santa Clara
Saratoga
Sunnyvale

Add it up and let's see what ya got.


Don't forget East Palo Alto.
 
2013-10-18 05:51:26 PM

Elzar: Wow a lot of liberal butthurt in this thread!

/ He's right you know...


No, actually - he is a soft little wad of suet ho would last a fifteen minutes without the might of government to protect him. Before organized, governed society, it was not men like him who ruled the world.
And bulshiat words like his are always heard coming out of the mouth of some punk who would be a fart in a windstorm without civilization to protect and foster him. It's so predictable it's comical, really.
 
2013-10-18 06:20:44 PM

Elzar: Wow a lot of liberal butthurt in this thread!

/ He's right you know...


Let's see how much value this Titan Of Industry™ creates without copyright laws.
 
2013-10-18 06:29:45 PM

HeartBurnKid: Elzar: Wow a lot of liberal butthurt in this thread!

/ He's right you know...

Let's see how much value this Titan Of Industry™ creates without copyright laws.


Or a police force that keeps his arrogant ass alive after he talks such shiat in front of people that'd sooner put him in a gallows and split his unearned wealth among themselves.
 
2013-10-18 06:52:51 PM
Yeah, and we're all just twiddling our farking thumbs up here in Seattle.  Yup.
 
2013-10-18 07:00:50 PM
Maybe people are right. We are smug assholes.
 
2013-10-18 07:01:18 PM

GleeUnit: Yeah, and we're all just twiddling our farking thumbs up here in Seattle.  Yup.


Is that hipster code for "rolling a fat one" ?
 
2013-10-18 07:02:24 PM

GleeUnit: Yeah, and we're all just twiddling our farking thumbs up here in Seattle.  Yup.


Better than sending us Windows 8.
 
2013-10-18 07:16:06 PM
Wake me up when a company wins a Nobel prize.  Since when do companies care about anything other than profits?
 
2013-10-18 07:21:23 PM
i'll be a little more frank;

the various mediums on which he wealth is founded were not created by private means.
 
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