Star venture capitalist Ron Conway absolutely lost his shit today at the Bloomberg Next Big Thing Summit after fellow VC Chamath Palihapitiya suggested Mayor Ed Lee was doing a poor job addressing San Francisco's gentrification crisis.

Management consultants are more than twice as likely to end up as founders with venture capital financing than engineers, according to a data by Mattermark and Bloomberg Beta. Wonder how Chamath Palihapitiya is taking the news.

This weekend, Bing Nursery School, an elite institution for precocious little 2-to-5-year-olds, is holding its 25th Annual Harvest Moon Auction with all proceeds going toward student scholarships. As you might expect from a nursery school where Stanford University connections count so heavily, a handful of the items from the online auction are awfully startup-oriented.

Someday, we'll be able to replace the public good with some sort of app or Twitter-connected mug—but for now, tech's strategy seems to be just ignoring notions of "society" and "cooperation." For many powerful figures in Silicon Valley, the federal shutdown was proof they don't need to care about you.

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."