Maybe given the history of things the concept of “Silicon Valley money,” in terms of margin, was set by very generous terms from the Cold War era military procurement.
The first initial public offering from Silicon Valley was in 1956 for a company called Varian, that sold microwave tubes for military applications.
https://diginomica.com/who-are-we-kidding-silicon-valley-was...
Re:The Pentagon’s $52,000 trash can
by red-iron-pine on Friday June 23, 2023 @12:27PM
(#36449093)
Aye, SV was a hub of Navy research and activity since before WWI. Moffett Field, the early version of NASA, and Stanford all made it a thing long before some 90s dotcom asplosion.
Why should Silicon Valley people be the only ones to make Silicon Valley money off their skills?
There's nothing inherent or ontological about tech that demands the money it does. It's needed, and the money is available, so that happens. If you know how to work a lathe, and the money is available, you deserve to be able to get it.
now all of them make silicon valley money off their skills just because of how bloated military contracting is*