The cringe was more related to "we as a society should be grateful to Apple".
It's an utterly laughable statement. Not surprised it upset a few worshipers of the Tech Overlords. Apple, the billionaires it produced and the people it employs should be grateful to the rest of society.
Yep, the SV crowd thinks they're the enlightened ones, saving the planet. Between billion dollar valuations based on blood-money, the massive financial inequality and the state surveillance apparatus they built to put us in, I doubt the proletariat think too fondly of the place.
>SA is a godsend to any entrepreneur who has an idea that is viewed as high risk based on traditional VC investors. If SA pulls out of being so proactive with their investments then it will be a huge wake up call to many early stage startups for sure.
This implies that "traditional" VC couldn't get high risk stuff funded, but SA can. That has no basis in history or reality.
Do you realize stock price is still well below the highs? How are the shareholders winners here?