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I really wish other founders would name and shame more, even if anonymously, but with examples. For most of the female founders who face these, there is no reso
by anotherfounder 9y ago
I really wish other founders would name and shame more, even if anonymously, but with examples. For most of the female founders who face these, there is no resource to turn to, to know who to avoid.
- rocqua 9y agoSuch systems are either signed, and thus barely used, or anonymous and thus easily exploited. Journalists that could speak with people at length and confirm the story by further research still weren't willing to publish based on anonymous sources. This is in part because anonymous accusations can be a great tool in a defamation campaign. Furthermore, publishing anonymous claims without due-diligence discredits future anonymous claims. It might even back arguments like "Those sexual harassment claims always turn out to be smear campaigns".
- anotherfounder 9y agoI don't believe this is an un-solvable problem. I do think that having closed lists/groups where this can be made public is also an option - like say, Female Founders group. People can also be encouraged to share the experience and the judgement can be made by those reading it. It is useful data that, unfortunately, too few of us are aware of, and are thus condemned to the same fate. I am fundraising, and wish I knew which sleazy firms/investors to not waste my time with.
- DelaneyM 9y agoHonestly, it wouldn't make a difference. Some VCs are sleazy, but their money's still green. I know with certainty of at least two firms with predatory/creepy partners, but that wouldn't stop me from including them in a round. This behaviour is inappropriate, but it's not nearly as bad as what we learn to fend off at the average final club/frat party.
- anotherfounder 9y agoIt would atleast give those founders an option - some agency. Atleast they would go in knowing what to expect and make that choice if it works for their situation. I hope you'd consider naming those firms/partners, for the benefit of others.
- dennisgorelik 9y ago> their money's still green VCs do not invest their own money. Instead they invest money of their limited partners. If limited partners learn that their investments are used to fund VC's love life - they would be furious and likely to withdraw their money.
- hueving 9y agoNot if it provides good returns. People still own stock in Phillip Morris.
- dennisgorelik 9y agoWhy would chasing love affairs provide good returns on investment?