This is how Silicon Valley used to be.

"I’m convinced that to give away a dollar effectively is harder than to make a dollar." Steve Jobs.

"It’s a large responsibility to have more than you can spend in your lifetime—and I feel I have to spend it. If you die, you certainly don’t want to leave a large amount to your children. It will just ruin their lives. And if you die without kids, it will all go to the Government. Almost everyone would think that he could invest the money back into humanity in a much more astute way than the Government could. The challenges are to figure out how to live with it and to reinvest it back into the world, which means either giving it away or using it to express your concerns or values." Also Steve Jobs.

Source.

When I look at Silicon Valley right now, all I think is - Jobs would have never put up with all this bullshit.