It's something really dark in California's culture (I have lived my entire life here). From '49 to Hollywood to now Silicon Valley, its a reverberating call for people to come here and get rich quick. And in any gold rush, its always better to be the ones selling the pics and shovels than the ones buying them.
Changing the press is not going to happen, but if you disagree with this story, I highly recommend flagging it and if enough people agree that will drop it off the HN homepage.
It's not just a story of impoverishment, its also story of adventure. If you were going to backpack around the world, you're certainly going to be sleeping somewhere dumpy, eating poorly, dealing with crazy situations, etc. But thats okay, because you've accepted that you're trading off comfort for some unique experience.
When I was a teenager, my friend would crash at my house and we'd just hack on our websites, play computer games, and occasionally step outside. For weeks at a time, that's all we'd do. And honestly it was some of the most fun and fulfillment I've ever had.
You don't really get to do that as an adult, except in extreme cases like when you try to build a startup. Life isn't about necessarily optimizing for comfort or salary. Sometimes its more fulfilling to do what you want to do, where you want to do it, on your terms.
But we already know that we all can't be winners, and most ideas will be losers anyway. In our subgroup of grinders, I don't know that there is a significant statistical difference in the outcome vs the normal population of startups. But heuristically, we know that people willing to put themselves through more pain are objectively tougher, and harder to kill. Traits that probably are pretty good to have for a startup entrepreneur.
Thus, I don't think its such a bad thing for entrepreneurs to do, even if its for the wrong reason. We don't need to protect anyone from themselves, startups are such an extreme experience that they'll quickly know whether or not they're happy with their decision.
What I think is a problem is the way that it is memetically emerging into a life narrative. To take an example that is probably not controversial - many people are going to college who really should not be. It isn't advancing their interests and often isn't even intangibly edifying for them. Why are they going to college? Because there's a cultural messaging telling them to go to college. Their ability to self-determine is being undermined by a larger sense of what they are supposed to do.
So if there's a narrative that you should eat ramen, work 100 hour weeks, so on, to try to catch the Zuckerberg lottery - well, who wins in that game? A few of the people playing, and also the VCs.
EDIT: I submitted it to the front page as well, for good measure: https://news.ycombinator.com/item?id=8510967
It might be more clear if you would describe utopia for us. If someone wants to try a zillion ideas without answering to anyone, who should pay them in the meantime? And would that money be enough to live comfortably in one of the most sought-after areas in the world?
So what fundamental, basic aspect of life are the authors giving up by temporarily lowering their cost of living? Is whatever they are giving up so important that it undermines the freedom that they gain? Does it make it impossible to join the "normal" life later?
I see a lot of smart founders give up even with a good plan. The reason? They don't have grit.
The determination behind it, on the other hand, is damned impressive.
I've been on both positions. When I had no money coming in, it was always in the back of my mind and my business ideas were short-sited, not creative, and rushed. They all failed.
I go to tons of startup events where new companies are presenting and the majority of business and products I see are exactly this. I'm not sure if it's because of a lack of experience of the reasons above.
I only became successful when I had money coming in and didn't have to worry at all about it. I could focus on my business goals with a clear head. The money was a part-time consulting job. I was able to quit it after a year because I was making more with my business. It's been going strong for 2 years now.
I guess I'm different. I don't think I would ever go h ycombinator. My first business idea involves very-little up front capital, but has nice returns. I'm going to use the proceedsa to invest in my next idea, that requires some capital. My ideas are always profit-centric. If it's cool, but has little chance of making money, I don't even consider it. I consider those hobby projects I might create for fun.
Also, it seems odd to me that you would say that you don't want to take anything away from their achievement, because this seems to be the only reason you're commenting. I think it's very obvious that Taro has no agenda to perpetuate the mythology of SV. It just happened to be in SV that these series of events happen to him.