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I'm not going to join the douche-pile of people attacking the OP because of his age. I admire his courage.

OP is literally sophomoric. He's beginning to realize that "tech" (meaning VC-istan) isn't a meritocracy, and this is a really hard realization. This is that stage where you hate something but don't know why you hate it, and every time you speak out against something, people tear you down because you haven't figured out exactly what is wrong with it (much less how to fix it). You might complain about "politics" without having new insight into what makes various environments political.

I hate VC-istan and I have good reasons for it. I don't hate VCs-- not individually, and not conceptually. I don't hate every VC-funded company, of course; there are good ones, I'd probably raise VC (as horrible as it is) if I were in that space. I just hate the ecosystem and its anti-technical, 17th-century reputation economy that is ripe for extortion. (The reason multiple liquidation preferences, participating preferred, and entrepreneur payment of VC legal fees exist is professional extortion via social proof; the VC knows he can pick up a phone and rape your shit for breakfast.) I hate that it encourages people to build horrible companies that destroy young peoples' careers. It's ridiculous how a bad implementation of something very old (patronage) can be dressed up as innovative and new.

OP isn't there yet on his knowledge of the why, so his knowledge seems superficial. He'll get there, and he probably understands more than he can articulate right now.




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