It's a similar culture: a closed culture. No oversight, no reporting, no accountability. You can get blackballed if you bring a lawsuit against anyone the major VCs have invested in. Massive amounts of money being invested but it's all behind the curtain. Massive egos. Often times the way you get funded is based simply on who you know. It's almost the same as Hollywood.
People bash "Wall Street" and investment banking, but so much of what is done in finance is out in the open. Reports have to be made to the SEC, FINRA, banking regulators, etc., and there are now criminal penalties for CEOs who sign these regulatory disclosures without investigating that everything in them is accurate. Try sexual harassment in a bank in New York and see how long you last without a massive lawsuit, a black mark from FINRA, etc.
Yet the most "progressive" people in our society live in opaque worlds that allow shit like what Weinstein did to happen. They stay silent to avoid being excluded forever from the closed culture.
I'm not saying regulation is the answer, but throwing some daylight on any closed culture is great. The vampires scream and die.
ἡ δὲ κἀκ τριῶν τρυπημάτων ἐργαζομένη ἐνεκάλει τῇ φύσει, δυσφορουμένη, ὅτι δὴ μὴ καὶ τοὺς τιτθοὺς αὐτῇ εὐρύτερον ἢ νῦν εἰσι τρυπώη, ὅπως καὶ ἄλλην ἐνταῦθα μίξιν ἐπιτεχνᾶσθαι δυνατὴ εἴη. – Procopius
Ummaka qinnassa nīk!
*MySmiley*
