Recent comments in /f/technology

YuanBaoTW t1_jck1q05 wrote

For years, low interest rates led to an environment where too much capital was pursuing too few opportunities. This is no longer the case.

The startup world has always been subject to boom and bust cycles, and this is a feature not a bug. Tough times force entrepreneurs to get creative and adapt, which in turn helps lead to innovation.

It's no coincidence that, historically, some of the most successful startups get founded during or just after economic downturns.

This article is emblematic of just how fat and lazy "Silicon Valley" has become. SVB's failure will present challenges, but it is also an opportunity.

If people like the author of the article are not up to these challenges, they should just pack it up, go home and let the people who are get to work.

8

UNSECURE_ACCOUNT t1_jcjzhe7 wrote

And everyone will gladly take that free year because everyone knew they were being tracked. The whole concept of the store is you walk in, grab what you need, walk about, and get billed later. Literally, the only way that happens is if the store knows exactly who you are, the second you walk in. Everyone in that store knew or should have known their biometric data was being collected.

But Amazon still needs a sign giving notice of collection like everyone else.

10