28 August 2013

Blogger Mocks Silicon Valley, Dumb Money

Disruptions: A Blogger Mocks the Denizens of Silicon Valley - NYTimes.com: " . . . John Cook, editor of Gawker, said he and Mr. Denton decided to restart Valleywag after seeing a return of excessive spending and obnoxious behavior in the Valley and a “lot of indications of dumb money,” like the $6 million given to Ms. Morin’s start-up. “The Valley is a target-rich environment for someone who is looking to expose profligacy, ego and self-regard,” Mr. Cook said. “There’s just so much cluelessness about wealth and privilege, and there’s so much completely unearned money changing hands.”. . ."

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