(via merlin)

“There are fifty or so billionaires and tens of thousands of millionaires in Silicon Valley.” Think about that for a second: tens of thousands of millionaires, almost all them created by companies that didn’t exist two decades ago.

The defining difference between Silicon Valley companies and almost every other industry in the U.S. is the virtually universal practice among tech companies of distributing meaningful equity (usually in the form of stock options) to ordinary employees. Before companies like Fairchild and Hewlett-Packard began the practice fifty years ago, distributing stock options to anyone other than top management was virtually unheard of. But the engineering tradition that spawned Silicon Valley was much more egalitarian than traditional corporate culture.

Steven Johnson (via brycedotvc)

cdespinosa:

Blue Skies and Octopus Socks: Reflections on the HyperCard Journey, 1987.  

You have to remember that all this happened three years before Sir Tim invented HTML, and six years before the World Wide Web was released free to the world.  

The User is Drunk (by squareweave)

A nice piece of Glass

jesuschristsiliconvalley:

TL;DR: Fuck you.

image

Manufactured in China. Designed by douchebags.

The world — by which of course I mean tech “journalists” who earn a living making the Valley feel like it deserves reportage — seems to care about Google Glass, the idiotic new wearable computer from Mountain View.

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brilliant.