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It does feel a little unfair; I have a huge advantage, no doubt. I basically tried every other method I knew of, even encouraging Kyle to file the suit under s
by sama 10y ago
It does feel a little unfair; I have a huge advantage, no doubt.
I basically tried every other method I knew of, even encouraging Kyle to file the suit under seal to keep it private as long as possible. When the guy stopped talking to me, and to Kyle, and to Ron, and Cruise need to proceed with the lawsuit so that they could close the merger, I felt out of options. Today they lifted the seal on the suit.
And, I think it's time people talk about these things publicly. They are a rising undercurrent, but I would have preferred to talk about them in the general case.
- pron 10y agoOK, but I still don't understand what it is that you're trying to achieve with this particular post. Social pressure on Jeremy to settle? Deterrence to others? Is there a strategy here or just an expression of frustration (which is absolutely legitimate, but would be better served by a less official position)?
- chejazi 10y ago> > I think it's time people talk about these things publicly The strategy is deterrence. This is similar to how the justice system "makes an example" out of certain cases by pressing extremely harsh penalties. So while this effects Jeremy negatively, he is not the target here.
- kelukelugames 10y agoRegardless of how right sama is, this is exactly what is happening. YC is making an example of Jeremy.
- oxryly1 10y agoDeterrence. Ok, what exactly is the behavior to be deterred here? Working with sama? Or ycombinator in general? That's what I get from this ill-advised post, at least...
- taytus 10y agoInternet drama
- fudged71 10y agoThis is YCombinator's largest exit ever. Sam seems to be asking for the support of the crowd, both against Jeremy, and in support of the acquisition with GM. It makes sense, but it's also airing their dirty laundry. It comes across as a bit embarassing that some of the top advisors, investors, and lawyers in Silicon Valley allowed this potential deal-breaker through their due diligence process. It sounds like if it was dealt with at the Seed or Series A stage, this ex-founder would have left on much simpler terms.