Ex-Facebook Exec: Startup World Should Be "Utterly Ashamed" Of Itself
Former Facebook bigwig and current investor Chamath Palihapitiya isn't pulling any punches at this week's TechCrunch Disrupt, where many a punch is typically pulled. He's disgusted with what's called tech innovation now, saying "we are at an absolute minimum in terms of things that are being started."
Palihapitiya singled out the likes of Snapchat, blasting startups that cater only to "1% problems," by "rehashing ideas from 20013" at a time when human beings are "dying left and right." Hard to argue with any of this, really. [TC]