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This post is shot through with more lies and fallacies than you can shake a stick at. Some of the more egregious ones: "Is the Valley deliberately keeping thes
by apsec112 17y ago
This post is shot through with more lies and fallacies than you can shake a stick at. Some of the more egregious ones:
"Is the Valley deliberately keeping these groups out? I don’t think so. Silicon Valley is, without doubt, a meritocracy. In this land, only the fittest survive."
What? This makes no sense. How can Silicon Valley be a meritocracy and discriminate against minorities at the same time? Doesn't he realize that the two things are polar opposites?
"It wasn’t always like this, but girls are now matching boys in mathematical achievement."
http://en.wikipedia.org/wiki/William_Lowell_Putnam_Mathematical_Competition#Putnam_Fellows http://en.wikipedia.org/wiki/William_Lowell_Putnam_Mathemati...
You can count the girls on this list with the fingers of one hand.
"The companies they start are more capital-efficient, produce higher revenue, and have lower failure rates than those led by men."
Proof? The data shows that women start more businesses than men, but a greater percentage of them are part-time/lifestyle businesses, not startups with dozens or hundreds of employees.
"Thirty years ago, there were hardly any Silicon Valley firms with Indian-born founders. UC-Berkeley’s AnnaLee Saxenian documented that 7% of tech companies started in 1980–1998 had an Indian founder.... according to the U.S. census, in 2000 less than 0.7% of the U.S. population and only 6% of the Silicon Valley high-tech workforce was born in India."
Again... what? He says that there were "hardly any" firms with Indian-born founders, even though his very next sentence says that Indians founded companies at a rate ten times greater than the population baseline? This makes no sense.
"Despite having co-founded a software company that we took from startup to $120m in revenue; profitability; and IPO in a record five years, I couldn’t get Research Triangle Park (RTP) VCs to even return my phone calls when I was ready to start my second venture."
I thought this was supposed to be an article about Silicon Valley? Surely it's not a stretch to believe that North Carolinans are more racist, on average, than Californians?
"TiE Charter Member Vinod Khosla advised me to contact VCs in Boston and gave me several introductions. After I followed Rehki’s and Khosla’s advice, it didn’t take long for me to get a term sheet from Greylock Partners (of Boston)."
Doesn't everyone know that personal introductions are a big factor in doing deals with VCs? How does he know that hiring a white President was the critical thing, instead of his introductions?