Former Tech Exec: Silicon Valley Pumps Money Into ‘Useless, Idiotic Companies’

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Former Facebook vice president of user growth, Chamath Palihapitiya, said he feels “tremendous guilt” for helping create the social media age that captivates so much of our lives, and called out Silicon Valley investors for frivolously spending money on “shitty, useless,” companies. “I feel tremendous guilt,” Palihapitiya told a crowd gathered at Standford Business School, CNBC…



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