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I don't think I'd want investors to publicly criticize a founder or CEO in their portfolio even if the founder was arrested for shooting someone (particularly o
by rdl 10y ago
I don't think I'd want investors to publicly criticize a founder or CEO in their portfolio even if the founder was arrested for shooting someone (particularly outside the workplace). Plenty of other people can do this; there's no reason for investors to weigh in. If it were a situation which were work related, then the issue is "pending" vs. "resolved" status. (If it were a serious crime credibly alleged, then I'd expect the CEO to resign pending resolution, but there isn't a whole lot of cause for anyone to comment on it during that process.)
Totally agree with you about not wanting Uber-like culture. People should take affirmative steps to not develop that kind of culture. Investors should contribute to that. But, I don't see investors going public with their concerns about portfolio companies as contributing to solving that.
I would possibly feel differently if it were a situation where the investor had special knowledge of the incident, but otherwise, why should this one of ~1-100 people comment, when there are ~7b other people who could?