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Y combinator isn't hackers. It's venture capitalists trying to advertise to computer nerds to make lots of money.

VCs in the late 1970s (the real age of "hackers") were, in the words of John Doerr, considered "filthy real estate salesmen." This was the opinion at the time of Andy Grove, who was CEO of intel during its rise.

The big companies and VCs are cowering to protect their investments.



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