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News flash: finance guys have predatory attitudes toward women. OK, not news at all. VC is part of the finance industry. No, it's not "disruptive" or in oppo
by notacoward 9y ago
News flash: finance guys have predatory attitudes toward women.
OK, not news at all. VC is part of the finance industry. No, it's not "disruptive" or in opposition to that industry in any way. Just look at who's putting all that money in before it's doled back out to entrepreneurs. Look at who has the power to force someone like McClure out. Yep, just a differently decorated branch office of Wall Street.
VC partners hew to the norms of their own industry, not the industries they invest in. The finance industry is a notorious bastion of the old boys' club preying on everyone else, with much of the dirty work done by hyper-aggressive young bloods vying to be among the very few elevated into the inner circle as its older members die off. Of course VCs behave this way, just like TV/movie producers and all the other specialized branches of the finance industry. How could anyone have expected or believed otherwise?
- hkmurakami 9y agoMcClure is a marketing guy. Yes, VC is a niche area of PE. But you don't overwrite 20 years of cultural influence from your main profession just like that.
- erikb 9y ago"toward women"? Toward anybody including each other.
- draw_down 9y agoThe point isn't that it's breaking news and nobody knew this before now. Come on.