What Is Wrong With Silicon Valley Today

From the episode: Mark Cuban on His Relationship to Wealth and Risk and Why Silicon Valley Investors Are Like Old Hollywood

Mark Cuban says Silicon Valley today is like the old Hollywood. Everybody wants to be an actor, everybody wants to be an entrepreneur. Your employees are there only until they can take a chance to go start something news, or go somewhere else with a better potential return.

There is a lot of money and investors are just throwing that money at potential companies, in hopes of a good return. This leads to a lot of bad habits and bad culture.

In Mark's view, almost any successful company that had started in recent past would be more successful by being based outside of Silicon Valley.

The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch · Mark Cuban on His Relationship to Wealth and Risk and Why Silicon Valley Investors Are Like Old Hollywood · at 16:07 · May 4th, 2020 ·Transcript