Re:Exponential growth devours and corrupts
by Gibbon1 on Monday February 27, 2017 @10:53PM
(#13751013)
I think the idea is to use advertising and finance to capture all the profits from brick and mortar corporations. Similar to a comment I saw from someone that worked at a stodgy old fabric manufacturer. They paid Oracle more in the last ten years for licensing than profits in the last 100.
Re:Exponential growth devours and corrupts
by untilHellbanned on Monday February 27, 2017 @10:26PM
(#13750894)
Just like the moral failure Sinclair refers to, HNers are pyschologically resistant to the mention of YC in a negative light. Expect an automatic 4 downvotes, just FYI.
Selling advertising space rather than selling one's purported product is the epitome of the dark forces and banal moral failure that DHH talks about. But most YC and SV startups owe their existance to advertising, and they are psychologically resistant to admit such moral failure, no matter how obvious the costs to society.
More detailed arguments against the ad-supported "business model": https://news.ycombinator.com/item?id=7485773
Also: https://news.ycombinator.com/item?id=8510227