If we are to fix the tech industry, we need to acknowledge the financial realities. I’ve heard arguments like “all software should be free and open source” that don’t address the fact that software is expensive to make and everyone involved needs to be paid well. (It’s fine for software to be free and open source, but this is irrelevant to the issue!) I’ve also heard arguments like “startups shouldn’t take investment”, which similarly don’t reflect the costs or the value of the skills involved. Imagine what kinds of platforms we’d see if only independently wealthy people could make software. It would probably be worse than the situation we find ourselves in now.

Ben Werdmüller on money.

From a longer, and very worthwhile, look at the broke and broken world of VC funding and Silicon Valley startups.