Whole VC industry is set up on pushing one simple lie: that you need VCs to create a successful company. Everything else is marketing endeavours to try to sell this convincingly.
It's all the capitalists realising that to make software you don't need no factories anymore, which means much lower initial investment. So the marketing machine had to start and created this bizarre ecosystem of hyper growth, fuelled in kinda' pyramid fashion (all the money that is pumped into startups is spent on services provided by other startups they've financed).
The whole system attracts money hungry teenagers, which can be convinced that ethics are an obstacle to be overcome, and we end up with what we have today.
It's all the capitalists realising that to make software you don't need no factories anymore, which means much lower initial investment. So the marketing machine had to start and created this bizarre ecosystem of hyper growth, fuelled in kinda' pyramid fashion (all the money that is pumped into startups is spent on services provided by other startups they've financed).
The whole system attracts money hungry teenagers, which can be convinced that ethics are an obstacle to be overcome, and we end up with what we have today.