Bannon: Silicon Valley talent is largely wasted on trivial tech problems
Seth Bannon · 20VC: Why We Will Continue To See An Explosion In Deep Tech Financing, Why Much of Silicon Valley's Talent Is Going To Waste & How Fund Cycles Need To Be Adjusted To Work With Deep Tech with Seth Bannon, Founding Partner @ Fifty Years · Aug 7, 2017 · at 27:37
Seth Bannon, founding partner at Fifty Years, critiques how talent in Silicon Valley is allocated toward ad optimization rather than impactful problems.
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“I think there's just such incredible talent in Silicon Valley, and I think it is largely going to waste. I think that way too many incredibly talented people are working on incredibly trivial things, and I see it around me a lot where people are going through existential crises, and you talk to them, and you figure out that they are, you know, spending all their days figuring out how to squeeze a bit more money out of every ad impression, and it's like, you know, of course you're having an existential crisis.”
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