News for hackers. Stuff that matters.
Re:Eric Schmidt Steps Down from Alphabet’s Board of Directors by ForHackernews on Tuesday April 30, 2019 @05:30PM (#19792146)
I assume this refers to cyptocurrency-related businesses. ICOs ('initial coin offerings') collected around $5.6 billion and most of them never delivered any real product: https://www.coinwire.com/ey-report-finds-most-2017-icos-fail...

One could argue that getting enormous amounts of money without needing to produce any results for it is the very definition of "doing well".

Re:Eric Schmidt Steps Down from Alphabet’s Board of Directors by stanleydrew on Tuesday April 30, 2019 @06:17PM (#19792572)
I hope there aren't too many people who define "doing well" that way. Seems like it would lead to a total breakdown of the social fabric.