The Failure Fetish in Silicon Valley

Only in Silicon Valley could failure be considered a bragging right.

The tech industry used to bury its dead quietly. For years, cash-starved companies sold themselves for peanuts in order to save face; friends bailed each other out with 11th-hour “acqui-hires,” and founders came up with euphemisms like “pivot” to soften the sting of defeat. But these days, start-up flameouts are increasingly serving as badges of honor, and stories like Abrams’s are being told at higher and higher volume. In an industry known for sunny optimism, Silicon Valley has managed to turn failure into a bragging right.

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Brag by failure -> failure doesn't matter as funding never stops even after it -> profession is hyper overvalued and the bubble is about to burst again.

Whatever they need to pad their egos out there.

Not all failures are created equal ... I am sure this is highly dependent on the person and the venture ... high risk endeavors will have a disproportionate level of failures (and of course some high profile successes) ... but many projects fail because of the limitations of the team and the creator ... I can't imagine those failures are going to look good on a resume ... other failures are because people are ahead of the curve or in the wrong place at the wrong time ... those folks might fare better ...

anybody that revels in failure is likely to repeat that cycle though ... successful people hate failure and want to have an ultimate success, which is why they will doggedly pursue their goals as long as possible ... those folks will likely see a future success of some sort

By product of a nanny state mentality... we failed so hard we deserve MOAR!

Silicon Valley, tech hipsters of the world.

Failure is experience. I have failed and learned from it.