Bookmarker is a personal project by @dellsystem to help with retaining reading material. Source on GitHub.

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9 months, 1 week ago

Tim Draper dressed up as Batman

Neither top financiers nor industry watchers could predict when, by how much, or for how long the markets would fall. West Coast venture capitalist Tim Draper dressed up as Batman for the March 2000 launch party of Draper Fisher Jurvetson’s $100 million “Gotham” fund, only weeks before the crash.8 …

—p.136 Venture Labor: Work and the Burden of Risk in Innovative Industries The Crash of Venture Labor (133) by Gina Neff
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9 months, 1 week ago

capitalism seems to absolve itself from responsibility

The question Finn asked—“Why did people believe in what they believed in?”—becomes even more germane after the crash because the culture of risk that was so prevalent during the dot-com boom survived the dot-com crash. In this comment, he recognizes that something had become calcified, “worshipped”…

—p.134 The Crash of Venture Labor (133) by Gina Neff
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9 months, 1 week ago

his golf game still stinks

For Alan, there was certainly an upside for the company in terms of issuing stock options to employees. When asked if equity holding made a difference in his attitude and loyalty to the company, he replied:

Yeah, absolutely. Even looking at the start-up, not everyone was a shareholder. And esp…

—p.78 Being Venture Labor: Strategies for Managing Risk (69) by Gina Neff
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9 months, 1 week ago

the bohemianization of industry

Many of these experiments emerged from early creative endeavors but were often later linked to financial business models whether through advertising, sponsorship, or other such means. Silicon Alley’s early period of experimentation—and the early days of the Internet industry—brought information to …

—p.61 The Origins and Rise of Venture Labor (39) by Gina Neff
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9 months, 1 week ago

the rhetorical flourishes of the new economy

Another cultural shift was an emerging rhetoric around financial markets. What people say about markets, to some extent, makes markets.43 Nigel Thrift has called the new economy a “rhetorical fabrication,”44 and others have argued that to dismiss the rhetorical flourishes of the new economy is to m…

—p.51 The Origins and Rise of Venture Labor (39) by Gina Neff