News for hackers. Stuff that matters.
Re:SEC fines Zenefits and former CEO for misleading investors by QAPereo on Friday October 27, 2017 @01:21PM (#15570382)
...yet these companies are supposed to be the shining success stories that all other tech startups aspire to. reply

A lot of people in this world, as you can see on most threads on this site, define "good" as "financially successful,” and care only about getting a piece of the action. In that regard, it doesn't matter if it's legal, quasi-legal, a shitty scam or any permutation (see ICO's) if you see yourself as smart enough to get rich from it.

Re:SEC fines Zenefits and former CEO for misleading investors by ericd on Friday October 27, 2017 @02:40PM (#15571059)
I don't think that's really the case here, HN doesn't seem to have many kind words for the makers of sham ICOs. How you get rich matters - if it's from making a huge business that's generally helpful, people admire you much more.
Re:SEC fines Zenefits and former CEO for misleading investors by ringaroundthetx on Friday October 27, 2017 @03:54PM (#15571670)
> How you get rich matters

It really doesn't. There is a very narrow set of circumstances that would aversely affect your place in society based on how you earned it.

Just think about how often it actually comes up regarding the wealthier people you may know or have heard about. Your wealthier neighbor.

Odds are you never dug for all the civil litigation they encountered, or the relative morality behind each case or circumstance.

They are just wealthier and society will reward them for that in perpetuity with access to better housing, better schools, better healthcare, and even more capital. End of discussion.

Re:SEC fines Zenefits and former CEO for misleading investors by hkmurakami on Friday October 27, 2017 @05:08PM (#15572240)
Even simpler, plenty of 9 figure tech folks sold companies that quickly got written off by their acquirers.
Re:SEC fines Zenefits and former CEO for misleading investors by ericd on Friday October 27, 2017 @06:09PM (#15572604)
People definitely judge someone based on how they made their money. Look at trust fund kids, for a trivial example.

I'm not saying there aren't a number of advantages to being wealthy, there certainly are.

Re:SEC fines Zenefits and former CEO for misleading investors by QAPereo on Friday October 27, 2017 @08:04PM (#15573233)
The Bushes made their money smuggling drugs, two presidencies later I’d say they’ve overcome the stigma. Papa Kennedy was hardly a saint, and JFK was alright.
Re:SEC fines Zenefits and former CEO for misleading investors by QAPereo on Friday October 27, 2017 @03:27PM (#15571464)
“How you get rich matters...”

Peter Thiel. The Bushes. Bill Gates. George Soros. Warren Buffett. IBM. Bayer.

Re:SEC fines Zenefits and former CEO for misleading investors by ericd on Friday October 27, 2017 @06:25PM (#15572692)
What's the point you're trying to get across?
Re:SEC fines Zenefits and former CEO for misleading investors by QAPereo on Friday October 27, 2017 @06:34PM (#15572763)
How you get rich doesn’t matter to many people, especially those “strivers” like so many here hoping to become rich themselves. People don’t tolerate the likes of Thiel, Weinstein, Etc because they’re decent people... it’s just money and power.

Edit: Do you have a point?