Is there anyone on HN that's actually surprised at how Zynga turned out? I mean really shocked and surprised? Or even surprised at these accusations of insider trading? Pincus was known for doing shady even illegal things just to make money. Famous for saying "I did every horrible thing in the book, too, just to get revenues right away." and I don't mean to repeat myself over and over but let's not forget, most of Zyngas games were clones, flat out clones, of other people's IP. http://www.businessinsider.com/how-zynga-is-just-like-micros... , then there was the Tiny Tower theft. The whole company was built on screwing other people over for money. So the insider trading accusation fits quiet well with the company culture.
Even if they're cleared of insider trading, we'll all assume it was because they were good liars. It's hard to trust Pincus after everything's he's done and said. Insider trading sounds exactly like something he would do.
The sad part about all this is that Mark Pincus is intelligent and capable. If he wasn't such a bitch to green paper I think he could have built something truly amazing and earned his place in startup history alongside Zuckerberg. He had the intelligence but the soul of an animatronic robot. If being a heartless, emotionless, immoral, profit-extremist worked, there'd be no need for Human CEOs because robots programmed to be "dicks" would have taken over companies.
Moral of the story: Money is not the goal. It's the result of achieving a goal.
> Moral of the story: Money is not the goal. It's the result of achieving a goal.
There is a theory that luck (openness to opportunity) has a bigger hand in who makes a fortune than anything else.
There are those (Pincus) who feel that you make your own luck, and are willing to cut corners... after all, history books are written by the winners, and all.
About robots - what do you think HFT algorithms are?
I see your Socrates and raise you a Benjamin Franklin: "Do well by doing good." In other words, make money through businesses that make people's lives better. That really is the point/goal/aspiration of Capitalism, but some people try to make money through the backdoor of cheating, amorality, etc.
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Is there anyone on HN that's actually surprised at how Zynga turned out? I mean really shocked and surprised? Or even surprised at these accusations of insider trading? Pincus was known for doing shady even illegal things just to make money. Famous for saying "I did every horrible thing in the book, too, just to get revenues right away." and I don't mean to repeat myself over and over but let's not forget, most of Zyngas games were clones, flat out clones, of other people's IP. http://www.businessinsider.com/how-zynga-is-just-like-micros... , then there was the Tiny Tower theft. The whole company was built on screwing other people over for money. So the insider trading accusation fits quiet well with the company culture.
Even if they're cleared of insider trading, we'll all assume it was because they were good liars. It's hard to trust Pincus after everything's he's done and said. Insider trading sounds exactly like something he would do.
The sad part about all this is that Mark Pincus is intelligent and capable. If he wasn't such a bitch to green paper I think he could have built something truly amazing and earned his place in startup history alongside Zuckerberg. He had the intelligence but the soul of an animatronic robot. If being a heartless, emotionless, immoral, profit-extremist worked, there'd be no need for Human CEOs because robots programmed to be "dicks" would have taken over companies.
Moral of the story: Money is not the goal. It's the result of achieving a goal.
> Moral of the story: Money is not the goal. It's the result of achieving a goal.
There is a theory that luck (openness to opportunity) has a bigger hand in who makes a fortune than anything else.
There are those (Pincus) who feel that you make your own luck, and are willing to cut corners... after all, history books are written by the winners, and all.
About robots - what do you think HFT algorithms are?
Socrates rendered the lesson thus, and I agree with you both:
"I tell you that virtue is not given by money, but that from virtue comes money and every other good of man, public as well as private."
I see your Socrates and raise you a Benjamin Franklin: "Do well by doing good." In other words, make money through businesses that make people's lives better. That really is the point/goal/aspiration of Capitalism, but some people try to make money through the backdoor of cheating, amorality, etc.