alt Hacker NewsTo be terse but generalizing a bit, technologists used to want to solve problems and make things easier. At some point, under the influence of MBAs it became how do we make loads of money leveraging technology’s network effects?
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Generally the MBAs and money have been in control since before the 1980s, maybe since 10 years ago in web tech. A difference in 2026 is the politicians allow them to do whatever they want.
At least in the US, most tech leaders and middle managers never did an MBA. Most are engineers who climbed the ladder into management.
Edit: Can't reply
> “Making money off of shareware” is no longer enough
Based on this I am guessing you are at least 10-15 years older than me and probably grew up in the 1980s and experienced the 1990s internet
> how do we make this company into an investment multiplier
> It’s a different mentality. It about unicorns or bust now
This is how startup funding has been since the beginning. You sure as hell weren't raising from Bessemer or Sequoia in the 2000s without also being able to answer whether you had a path to successful monetization.
Why would anyone give you their money if you cannot justify how you would make them more money?
I think that technologists are doing themselves a disservice by blaming the problems within their industry on MBAs. Many of the problems we see in the tech industry, and the reason why public opinion is not exactly positive, are primarily due to ideological factors. Whether you call it Californian ideology or whatever, many people in the tech industry think only in terms of efficiency and value. And if something isn’t efficient or doesn’t add value, it should be streamlined away and made obsolete, whether it be systems, processes, markets - or humans.