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528 pages, Hardcover
First published June 28, 2016
…technology entrepreneurs are society’s chaos monkeys, pulling the plug on everything from taxi medallions (Uber) to traditional hotels (AirBnB) to dating (Tinder). One industry after another is simply knocked out via venture-backed entrepreneurial daring and hastily shipped software. Silicon Valley is the zoo where the chaos monkeys are kept, and their numbers only grow in time. With the explosion of venture capital, there is no shortage of bananas to feed them. The question for society is whether it can survive these entrepreneurial chaos monkeys intact, and at what human cost.If you want to learn about sex you will get a lot more useful intel from a hooker than you would from a nun (hopefully). If you want to learn about what life is like in Silicon Valley, you would do well to let to someone who has done the deed and lived the life show you the way. Antonio Garcia Martinez is our Virgil through a dark landscape where every great fortune is founded on a great crime, where morality is not only violated, but where its very existence is not recognized, where millionaires are a dime a dozen and where any sort of social consciousness is kept nicely sedated, a place where greed is king, fast is worshipped to the exclusion of better, and death is always at the door.
mostly failed scientists like me who had sold out to the man and suddenly found themselves, after making it through years of advanced relativity and quantum mechanics, with a golf-club-wielding gorilla called a trader peering over their shoulder asking them where their risk report was. We were quantitative enablers, offering the new and shiny blessings of modern computation to the old business of buying and selling… quants were the eunuchs at the orgy. The fluffers on the porn set of high finance. We were the ever-present British guy in every Hollywood World War II film: there to add a touch of class and exotic sophistication, but not really consequential to the plot (except perhaps to conveniently take some bad guy’s bullet.)As someone with pretty high end analytical and programming skills, he saw (or says he saw, who knows?) the impending meltdown in the 2007 financial world, and opportunities in the new frontier out west, so traded The Street for The Valley, taking a chance on a job on the other coast.
anyone who claims the Valley is meritocratic is someone who has profited vastly from it via nonmeritocratic means like happenstance, membership in a privileged cohort, or some concealed act of skullduggery. Since fortune had never been on my side, and I had no privileged cohort to fall back on, skullduggery it would have to be.It does not seem like it was out of character for AGM to engage in a bit of back-stabbing, double-dealing, and multiple instances of self-serving justification for his various dark deeds. When he talks about his income and net worth, for instance, which would be a pretty sweet take for most of us, yet regarding it as subsistence level, one might be forgiven for gleefully imagining Martinez in his thirty-seven-foot sailboat having a very unfriendly encounter with a pod of large, angry, breaching sperm whales.
There are worse ways of monetizing sociopathy than startups. If you know any better ways, I’m listening.For policy wonks, you will learn about the H-1B sort-of immigration program that brings thousand of foreign workers to American jobs in a form of high-end indentured servitude.