I agree it doesn't feel "hacker-ish" per se, but despite the name, Hacker News has a broader following that includes startup people, i.e. the business counterparts of hackers (roles often shared by the same person). The core interest for them is in creating useful things that ultimately must generate revenue for sustainability. Online advertising, as superficially repulsive as it is, is a significant model for doing so.

Also, like most people, Hacker News readers are interested in individual-focused stories.