Henry Kielarowski 
Member since Mar 27, 2013


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Re: “The Bacon-Wrapped Economy

One of the big criticisms I have of Silicon Valley culture is the provincial and amazingly insular quality of it all. Few SV folks manage to get beyond looking at the world by looking in the mirror. Those very few who do, people like Jobs, can do remarkable things because they have diverse interests and experiences.

I think the author's analogy of tech workers to 49er gold diggers is close to the truth. The real money-makers in the era of gold digging were those who rented $5K rooms, dished out hundred dollar chicken dinners, and sold the gold rush era equivalent of expensive Audis...IT flash:) The actual gold diggers will go back home with mostly empty pockets when the latest bubble bursts. I'm concerned with the terrible impact the money rush has on those who are not connected with the IT business: those with talent who are living in near poverty; those who love the City but are forced to leave; those in the arts, education, and the "business" of civilization; skilled workers, like plumbers, electricians, sanitation people, and trades essential to the functioning of a great city who can no longer live anywhere near work;..well, you get the idea. Me, I would much, much rather have access to an honest, experienced, reasonably-priced plumber than yet another multimillion dollar ap used a couple of times then forgotten.

Finally, and then the rant ends, I do not at all understand why so much money is thrown at any .com idea that comes with a video and a glib young man who repeats over and over again that he is the "best and brightest." No business plan. No substance. Yes, I remember Pets.com. Loved it. I would order 50lb bags of seed for my birds at prices much lower than that offered by local brick and mortar stores...with FREE shipping. 50lbs. Some fool gave these people money:) They rush out and purchase top drawer furnishings, hire a gourmet cooking staff for the Pet employees, and build them a playpen. And ship product at clearance prices for free. This happens over and over again. Silicon Valley.

I worked at several pre-Silicon Valley startups. First thing we men AND women did was to write a comprehensive business plan in our kitchens. Then we visited the local Goodwill.

31 likes, 5 dislikes
Posted by Henry Kielarowski on 03/27/2013 at 10:37 PM

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