I have been in tech for almost thirty years and this August will mark the 20th anniversary of the company I started.

In my experience, there are two predominant types of tech exec. On the one hand you have the folk who invest in "human capital", which makes it sound awful but it is meant as a way to acknowledge that your workforce is your main asset, not a liability to be trimmed for cost savings. The other are douchebags like this guy who start and run companies putting out sub par garbage on the cheap. Some of these companies do business at a loss, just so they can show an active book of business so they cam borrow even more money. They are rarely profitable and produce nothing of value...but they do love to circle jerk each other to no end.