Chamath: Silicon Valley has become a credentialing place that only cares about money
generativist · x · 2026-08-23
Chamath says Silicon Valley has completely lost what made it great—it was once a place for weirdos, fringe figures, and idealists, but has become "the equivalent of what Harvard used to be: a credentialing place."
He notes that people used to aspire to meet the Bill Campbells, Mike Moritz, and John Doerrs of the world, and to work for Steve Jobs—those figures are gone—and in that breach, the focus has shifted to making money hand over fist. Nothing wrong with that per se, he says, but the Valley's spirit has fundamentally changed.
Related event: Chamath Slams Silicon Valley as a Credential-Factory Chase for Money(4 posts)→
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