Comment by haram_masala

I’d say startup culture has changed quite a bit over the past 25 years. It was always highly competitive, of course, but it has IMO lost some of the honor and unspoken rules that it had. Employees are much more likely to be screwed out of any windfall when a liquidity event or IPO occurs, for example, and in fact even junior investors get pushed around too.

I honestly don’t know what has caused this change.