Balaji Srinivasan, former general partner at Andreessen Horowitz and Coinbase CTO, contrasts organizational cultures between traditional media and Silicon Valley tech companies.
“On the East coast, for example, media, media businesses have sort of software engineers as a second class citizen, right? They're just guys who build the app and the writers are kind of the first class, right? Traditionally in tech, it's been the opposite. You know, the software engineers are the, you have pride of place. They're building Dropbox or Google or whatever. And then the writers are content marketing.”
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“I think very few institutions that predated the internet will survive the internet in the fullness of time.”
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“Now, why that kind of thing is important is it totally destroys the concept of a college diploma. The reason being college diploma is a very, very coarse grained you know, kind of illustration of somebody's skills.”
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Balaji: Cryptography will displace corporate media as the font of truth
“And that is actually a very powerful thing where we start to actually displace a corporate media corporation as the font of truth with cryptography instead.”
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