Paul GrahamVerified account

I’ve always wondered if there’s any other field in which the journalists dislike their subjects so much?

Politicians with opposing views, perhaps.

True and good data to show there is no real techlash at the moment. But the vulnerability of tech is getting higher & higher with the interconnectedness. Networks are feeding networks & if one fails & starts hitting people’s pockets the system can become unstable.

I’m noticing two types of anti-tech story in the business press: i) Tech businesses are too big & too profitable. ii) Investors are wasting money by investing heavily in tech. Quite often the same people make both criticisms!

Y Combinator haters often used to claim both that we were taking advantage of founders, and that all the companies we funded sucked. (I.e. that the valuations we offered were too low, and also too high.)