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Re:A Silicon Valley Dream Collapses in Allegations of Fraud by honkhonkpants on Wednesday August 31, 2016 @11:59PM (#12403014)
"... but who expects fraud in Silicon Valley?"

lol, wut? Anybody who has been here more than an hour is who expects fraud in SV. The first job I had in SV ended in a joint SEC/DOJ prosecution and jail time for multiple executive officers. Lawlessness, scams, and dishonesty are endemic in this area.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by marvindanig on Thursday September 01, 2016 @12:14AM (#12403069)
> Lawlessness, scams, and dishonesty are endemic in this area.

And homelessness. I was disappointed to see hundreds of helpless homeless people, some in horrible mental state, right there on streets in the middle of huge ivory towers that SV thumps its chest on. It's such a shame!

And with young kids coming out of those glass doors flashing gadgets and gizmos at each other, with that certain bay area flair … I mean the collective blindness of the place felt only surreal.

It's a personal thing but I guess my family will never be at home in the bay area.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by tsunamifury on Thursday September 01, 2016 @01:01AM (#12403200)
You can judge, but SF goes further than any city I've seen to provide services to the homeless. So much so that it's a mild weather Mecca to many. So you can turn up your nose and go back home to a city that likely ships them here or "takes care of it" so you don't see it -- but you are being naive. The poor will always be with us, and we are judged by how we treat them.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by Finbarr on Thursday September 01, 2016 @01:09AM (#12403221)
Have you been outside of the US? Coming from Europe, SF is utterly shocking. I've never seen anywhere else like it. Government provides a lot of support for low-income and homeless people in EU.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by chrischen on Thursday September 01, 2016 @01:22AM (#12403257)
Part of the reason there are so many homeless in SF is because the SF government and local charities provide food and shelter. The tourists handing out money doesn't help with attracting them. Much of the panhandling money is used for drugs, as basic needs such as food and shelter are already covered by the government and nonprofits. If you really want to help them, volunteer at a homeless kitchen or directly donate to them.

I walk by the local drug dealers in the Tenderloin every day, and all the clientele I've seen are homeless people.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by soufron on Thursday September 01, 2016 @06:32AM (#12404182)
Wow that's some serious reactionnary stupid stuff. You are pretending that these people are homeless because the State provides for them? Man, you are such a model person for this new techno-aristocracy.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by cgio on Thursday September 01, 2016 @01:34AM (#12403292)
Have you been around in EU? Governments' ability to help varies from one extreme to the other. There is no guaranteed EU treatment.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by Finbarr on Thursday September 01, 2016 @02:23AM (#12403418)
Yes I've traveled quite extensively and nothing has ever come close to SF. I don't for a moment pretend to understand all the issues that contribute to this. I'm simply making an anecdotal observation based on my own experiences.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by soufron on Thursday September 01, 2016 @06:34AM (#12404198)
Yeah? Like where does it even approach neat the level of the US? Give a name...
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by kalleboo on Thursday September 01, 2016 @02:24AM (#12403424)
The EU is too big to speak of a one entity. And things are changing too.

I lived in the third largest city in Sweden, and when I moved in there were the handful (like, probably less than 5) of homeless beggars that everyone knew. There were probably more homeless but they were sheltered by the state.

But by the time I moved out, in front of every supermarket there was a Romanian beggar with her head down.

I'll agree SF is definitely on a completely different level though. I've never seen anyone defecate in public outside of SF (and yeah I've been to China)

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by blub on Thursday September 01, 2016 @03:16AM (#12403581)
That's probably not what you think. The beggars you saw in front of supermarkets were likely part of a criminal gang and had a handler collecting their money.

Should be pretty easy to investigate, arrest, deport them and forbid them to come back.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by wooster on Thursday September 01, 2016 @01:38AM (#12403302)
Have you been to southern Italy? The homeless/squatter situation I saw there was very similar.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by Finbarr on Thursday September 01, 2016 @02:31AM (#12403440)
Not further than Sorrento.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by marvindanig on Thursday September 01, 2016 @01:11AM (#12403229)
> You can judge, but SF goes further than any city I've seen to provide services to the homeless...

That's nice to hear!

I do realize now that my comment is naive; definitely only a tiny snapshot from the limited time that I spent over there and is not a complete picture or a total impression of the place.

But I still do wish that SV had a better situation/solution to these otherwise normal people problems.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by jtmcmc on Thursday September 01, 2016 @01:59AM (#12403344)
San Francisco alone spends 241 million on homelessness per year. Most places deal with these "normal people problems" by criminalizing it to the point where people leave to places like SF or are jailed.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by BinaryIdiot on Thursday September 01, 2016 @03:12AM (#12403558)
So your comment isn't really accurate.

> San Francisco alone spends 241 million on homelessness per year.

The $241 million figure is a little misleading because it encompasses the total spending across homeless services and supportive housing. Supportive housing is $112 million and the people within are NOT counted as homeless (nor should they be but that $112 out of $241 million is not being used on homeless people). [1]

It certainly doesn't help that the amount of money actually used on the homeless is contracted out to many, many, many companies and split across other government groups making it effectively impossible to spend efficiently and to track (I really wish they'd get this corrected; I mean we're the city of Silicon Valley for crepes sake!)

> Most places deal with these "normal people problems" by criminalizing it

Many cities spend more money, year over year, to house, shelter, feed and medically treat the homeless. Sure they'll get arrested too and I'm sure there are exceptions but I couldn't find any information regarding further criminalization, in recent years, as a way to get rid of the homeless (if you have a source that would be great). In fact here in SF the supervisor wants to do away with tents calling them illegal [2]

> people leave to places like SF

Only 10% of the homeless in a 2015 report came from out of state. 71% of the homeless lived in SF before becoming homeless, which is about 10% higher in just 2 years. I don't think very many are leaving to go to SF to be homeless. [3]

[1] http://www.sfchronicle.com/bayarea/article/S-F-spends-record...

[2] http://ww2.kqed.org/news/2016/01/25/s-f-supervisor-scott-wie...

[3] https://sfgov.org/lhcb/sites/default/files/2015%20San%20Fran...

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by prodigal_erik on Thursday September 01, 2016 @03:39AM (#12403634)
"Lived in SF before becoming homeless" is self-reported in a survey of people who do not want the city to start sending them elsewhere, and "lived on a friend's couch" technically counts but shouldn't. What we want to know is whether they were ever able to support themselves here, and only 30% of them owned or rented.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by BinaryIdiot on Thursday September 01, 2016 @05:34AM (#12403951)
> technically counts but shouldn't.

But that shouldn't technically count as homeless either. Honestly I can't really find any better numbers but I get your point and maybe there just are not any better numbers I dunno.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by marvindanig on Thursday September 01, 2016 @02:30AM (#12403434)
Well, that's a lot of money! I hope it's being effectively used.

Since it's SV we're talking about, this money could probably be used to find a better solution with a better outcome to the problem of homelessness all across America. And then other states can follow suit!

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by BinaryIdiot on Thursday September 01, 2016 @03:22AM (#12403597)
> SF goes further than any city I've seen to provide services to the homeless.

Maybe? It's difficult to track the money. Per capita SF doesn't even have the highest amount of homeless and yet you rarely see them on the streets in NYC and other major cities (and it's not because they're all in jail; NYC spent over a $1 billion in 2014 on homeless services and shelters and recently NY state started a $10 billion initiative to help the homeless). I wish SF did a better job tracking where the funds go and how effective they are being spent.

> a city that likely ships them here

This is a bit of a myth. In a 2015 report [1] only 10% of the homeless in SF came from another state. 71% of the homeless lived in SF itself and then became homeless.

> "takes care of it" so you don't see it

NYC has over 200 shelters. Many of the shelters in SF have waiting lists of several hundred people to the point where they have to live in tents which can be pretty dangerous in and of itself. Granted not all of the shelters are like that but many are and when you can't even stay in a shelter it doesn't really give them a lot of choice.

> The poor will always be with us, and we are judged by how we treat them.

I agree! It's far safer to have them off of the streets in many respects by providing affordable housing, temporary housing and even shelters. SF just doesn't have enough of that to go around for the homeless. I would love to see them expand their shelter services to provide more places for them to stay. But that certainly doesn't mean I want someone to "take care of it" so I "don't see it".

I think your comment came off a bit crass by assuming parent wanted to not see them and calling them naive.

[1] https://sfgov.org/lhcb/sites/default/files/2015%20San%20Fran...

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by cardinal2007 on Friday September 02, 2016 @01:32PM (#12414690)
Admittedly the poster's complaint was about Silicon Valley, not SF.

I have looked at the homelessness statistics in Silicon Valley and the vast majority here actually lived here before becoming homeless. You don't usually see homeless people in most of the valley because they tend to stay out of sight by the creeks or other out of the way areas, but you do see them in downtown San Jose and to a lesser extent downtown Palo Alto.

I don't know the budget for homeless spending down here in Silicon Valley, but I doubt it is that high.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by PhasmaFelis on Thursday September 01, 2016 @01:04AM (#12403210)
My understanding is that that's largely because SF is actually a pretty good (or at least "less awful") place to be homeless in, so homeless people from other areas travel or are sent there in hopes of finding a better life.

It's apparently a thing for social workers and caregivers in places with drastically inadequate social support (i.e. most of the US) to just stick disabled/mentally ill people on a bus to SF; they'll at least have a better chance there.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by coralreef on Thursday September 01, 2016 @12:39AM (#12403126)
Not that its an excuse, but don't all large cities have homeless or poor people?
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by pmarreck on Thursday September 01, 2016 @12:42AM (#12403137)
Spotted the guy who's never been to downtown San Francisco ;)

It is an order of magnitude worse there than just about anywhere else I've been (and I have traveled a lot)

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by seanmcdirmid on Thursday September 01, 2016 @01:03AM (#12403207)
Spotted the guy whose never been to downtown LA. It is much worse down south considering the weather is much better.

But really, only Alaska is relatively immune from this problem given that they just give homeless people a bus ticket to LA when winter hits.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by russell_h on Thursday September 01, 2016 @01:34AM (#12403290)
Homelessness in Anchorage (Alaska) is a real issue. There are hundreds of chronically homeless, and not enough shelter beds to go around. Many winters 10+ people freeze to death on the streets.

There aren't any regularly operated buses from Anchorage to the rest of the US, and I'm fairly certain there aren't any homeless deportation programs (which would probably involve flying people commercially - there is a ferry, but its not really cheaper).

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by seanmcdirmid on Thursday September 01, 2016 @02:14AM (#12403394)
So my mom mentioned this to me, so it's only anecdata, while she hadn't lived in anchorage since the 60s, my info could be a bit out of date.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by 20andup on Thursday September 01, 2016 @01:25AM (#12403267)
I once accidentally stumbled into a street downtown LA in my early 20s. It was full of druggies and gangsters. I never felt so scared of my safety before. I definitely felt eyes staring a me like I didn't belong there.

I have travelled to many countries where some places are considered dangerous for travellers. And never have I been more afraid than that day.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by seanmcdirmid on Thursday September 01, 2016 @02:07AM (#12403372)
I took a grey hound as a kid across country and made the mistake of getting out at LA to look around. It felt like the walking dead at the time! Was aggressively pan handled, lost five bucks, came out of it ok. But SF has nothing on LA.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by coralreef on Thursday September 01, 2016 @12:46AM (#12403151)
I stayed in SF for a couple weeks when I interned at a startup.

I live in Toronto, we have homeless people here too. So I guess the only real way to solve this is with data?

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by escape_goat on Thursday September 01, 2016 @12:57AM (#12403186)
I believe that 'worse' in this case must mean that the homeless people are more visible.[1]

[1] http://fusion.net/story/148372/san-francisco-homelessness/

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by ben_jones on Thursday September 01, 2016 @12:55AM (#12403178)
Big Data TM. I hear IBM has enterprise solutions to all of those.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by 20andup on Thursday September 01, 2016 @01:21AM (#12403254)
Not to the extend that SF has. I have never seen so many homeless people before. And its not like they were starving at all. I heard they get paid by the government a $1000 a month. I even saw some reading books at the park.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by roywiggins on Thursday September 01, 2016 @01:32AM (#12403286)
> I even saw some reading books at the park.

I mean... homeless people read books. Seems like a good use of time to me when you're unemployed and homeless. It sounds like you think is a problem for some reason?

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by 20andup on Thursday September 01, 2016 @01:55AM (#12403336)
It's just not something I see homeless people do. So I was quite unfamiliar with the sight. Everyone has the right to do what they want with their time, but for me, I would imagine trying to find a proper job would be more important. Off course, I don't know about their situation so I shouldn't judge.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by flukus on Thursday September 01, 2016 @01:59AM (#12403346)
Who do you think would hire a homeless person walking in off the street? There are other aspects to life that need stabilizing before they think about finding work.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by icebraining on Thursday September 01, 2016 @02:30AM (#12403433)
If you see a non-homeless person reading a book, do you automatically assume they are neglecting their spouse, kids and job? And do you not have anything more important to do than read HN?

Sometimes people need leisure, homeless or not.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by nononosisisi on Thursday September 01, 2016 @12:20AM (#12403080)
Is like trying to help your drug addict friend get better. No matter what you do if they don't help themselves it is a lost cause. Eventually you just have to keep going with your life and wish them well.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by gfaure on Thursday September 01, 2016 @12:42AM (#12403135)
"If they don't help themselves it is a lost cause". In a country where socialism is not a dirty word, this is not necessarily true at all.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by hueving on Thursday September 01, 2016 @01:25AM (#12403269)
In those countries do they imprison people that refuse help? If not, then I don't see how they can do any better with people that refuse to stay clean or refuse help entirely.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by gfaure on Thursday September 01, 2016 @01:40AM (#12403305)
If a homeless person refuses help, it's probably not because they actively want to live an unstable, day-to-day life, not knowing where or what they'll eat tonight.

It's because the government has failed them in the past in its attempts to help. Not every government has decided that putting a permanent roof over the heads of anyone who needs it is a bad use of taxpayer's money.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by hueving on Thursday September 01, 2016 @02:30AM (#12403435)
>It's because the government has failed them in the past in its attempts to help.

No, this is incorrect. If someone continues to choose getting high over help, it has very little to do with the government failing them. Additionally, homeless people with mental disorders that make them paranoid or forgetful can refuse it regardless of past experiences.

>it's probably not because they actively want to live an unstable, day-to-day life, not knowing where or what they'll eat tonight.

No, but they may actively want something incompatible (like heroin or cocaine) more.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by gfaure on Thursday September 01, 2016 @03:24AM (#12403604)
I would disagree. If someone chooses to choose getting high over getting help, it's a failure of drug policy in that country. The government has still failed them, you may just be blind to how.

This is not the only way a country has to be.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by hueving on Monday September 05, 2016 @07:35PM (#12432798)
Show me the government that only governs people without addictions. What you're saying is absurd. Proclivity to addiction is affected by DNA. So you either have to imprison them so they can't have what they want, or deal with the fact that you will have some drug addicts.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by maverick_iceman on Thursday September 01, 2016 @01:26AM (#12403271)
Like Soviet Union?
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by wyager on Thursday September 01, 2016 @12:55AM (#12403179)
Homeless people go to California because the weather is good and the locals are rich. What do you want SF residents to do about it? Giving the homeless more will just lead to more of them moving in.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by facetube on Thursday September 01, 2016 @01:10AM (#12403227)
Cold winters can mean death for people who are homeless. It's not a convenience, it's a survival strategy.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by wyager on Thursday September 01, 2016 @01:11AM (#12403228)
No disagreement here. It's a rational decision for a homeless person to move to California, but the locals don't have to be happy about it or encourage them.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by honkhonkpants on Thursday September 01, 2016 @12:30AM (#12403109)
The reigning ethos in SV is something very close to nihilism, but we do believe in one thing: property. A homeless or insane person has been assigned a near-zero value by markets and is therefore to be ignored. When the only thing you recognize is the exchange of goods and money, how can you assign any value to a person having neither?
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by dang on Thursday September 01, 2016 @02:50AM (#12403496)
Please stop posting this sort of intemperate rant to HN. It sheds no light on a difficult social problem like homelessness and turns discussion into a tire fire.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by honkhonkpants on Thursday September 01, 2016 @03:06AM (#12403539)
I don't like metadiscussions, and I can see you have your hands full with this circus of a post, but did you reply to the wrong comment? Mine only has two replies (ex. yours) but dozens of siblings and cousins. If there's a tire fire here, I didn't light it.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by dang on Thursday September 01, 2016 @03:15AM (#12403573)
I'm describing what long experience has shown us that comments like that one do. Sorry for not making that clearer (and thanks for the convivial note about the circus).
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by toomuchtodo on Thursday September 01, 2016 @12:49AM (#12403159)
SV is all flash, no soul.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by MichaelBurge on Thursday September 01, 2016 @01:10AM (#12403224)
>> but we do believe in one thing: property

I thought SV was the world's hardest place to exercise your property rights? Just try demolishing a single-family house to set up a new low-income Section 8 apartment complex. Even if you wanted to, you couldn't.

San Francisco is like the polar opposite of the real-world Rapture you're envisioning it as.

Re:A Silicon Valley Dream Collapses in Allegations of Fraud by codesterling on Thursday September 01, 2016 @12:39AM (#12403127)
I want to do the cool things there with there, but I'm glad I'm not there.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by downandout on Thursday September 01, 2016 @01:07AM (#12403215)
The interesting part is that the technology exists to better vet and monitor investments. For example, why don't startup-friendly banks offer authorized investors read-only access to bank accounts, and maybe an investor alert service that notifies them whenever a charge/check of more than $X posts to the company bank account or credit card, or when a wire goes out, etc? Most types of fraud are absurdly easy to spot; the tools and the will to spot them just aren't very strong atm.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by manigandham on Thursday September 01, 2016 @01:16AM (#12403241)
That's because there are currently no "startup-friendly" banks. The ones who say that are just using marketing speak and are no better and often worse to deal with than the majors.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by bigtones on Thursday September 01, 2016 @01:50AM (#12403330)
That is not true at all. Silicon Valley Bank is absolutely friendly to startups, helps fund them, and supports them with a great network of early stage company get-togethers many times per year. They supported my startup from first funding right through to the $42 million we have raised to date.
Re:A Silicon Valley Dream Collapses in Allegations of Fraud by manigandham on Thursday September 01, 2016 @03:18AM (#12403591)
Every big bank will also help you if you're about to put millions in an account with them. And some random "get-togethers" aren't really a big deal and not something I'm looking for from a bank.

What does "supported" even mean? What does SVB really do for you that another major bank couldn't? In contrast, they have less branches and ATMs, fewer business hours, weaker credit card offerings, more fees, and an utterly crap web interface.