Oh god. The hangover of long past cringes...

I used to work for Venture Capitalists, reviewing business plans, and evaluating pitches. I was the Tech Guy the VC brought into the meeting to spear the tech mumbo jumbo of entrepreneurs.

The entire VC/startup culture is IDENTICAL to the image we all know of Hollywood. The entrepreneurs are the young pretty girls fresh off the Greyhound at the downtown LA bus station. They are swarmed my smarmy weasels who pick off the weak ones that will never make it big, and divert them into porn. A few of the newbies gather, 10 of them living together in a one room apartment (coworking space), and pooling resources (internet connection fees), and over-selling each others' amazing and ground-breaking ideas/skillz.

One of them gets into Harvey Weinstein's office. Takes off her clothes. Gets a bit part. Gets a rich husband. And drops out. (IPO)

One in 100,000 of them makes a living at it... by enabling the machine they continue to profit from.

New Title: Renowned professional in EdTech points out why a new edtech startup will fail. Startup fails. Professional is pilloried for being fucking right.