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Caldbeck is already part of a rather exclusive sub-population: executives working at VCs. Based on my observations of the behaviours of people in C-suite posit
by zzalpha 9y ago
Caldbeck is already part of a rather exclusive sub-population: executives working at VCs.
Based on my observations of the behaviours of people in C-suite positions, I don't think I'd be so willing to use general population statistics as a justification for a priori exonerating the man.
As an aside, you've also posed a false dichotomy, here: Caldbeck is a calculating sociopath, or a bumbling idiot who stumbled into harrassment. The truth more likely lies somewhere in the middle.
- grandalf 9y ago> exonerating My comment is not meant to exonerate Caldbeck. He went over the line and wound up having people speaking out about his inappropriate behavior. He's likely going to feel the embarrassment from his actions on an ongoing basis for years. My point was that many people, if put in a position of power such as Caldbeck was, might very well have found themselves misconstruing the level of enthusiasm that founders had for hanging out with him, etc.
- zzalpha 9y agoMy point was that many people, if put in a position of power such as Caldbeck was, might very well have found themselves misconstruing the level of enthusiasm that founders had for hanging out with him and potentially for his apparently aggressive advances. This comment is literally an attempt to exonerate the man: You are providing an alternative motive (or, less charitably, an excuse) that would lead one to conclude what he did was not, in fact, sexual harrassment, but simply a misunderstanding. If you can't see that that's what you're doing, you're not being honest with yourself.
- grandalf 9y ago> you can't see that that's what you're doing My point is not that Caldbeck ought to be exonerated. I think the embarrassment he's facing and reputation costs are likely well deserved. The issue is that by painting Caldbeck as a psychological outlier and predator it prevents reflection on what could be done to make situations like this get resolved/rectified more quickly and more effectively.
- greglindahl 9y agoI've seen a lot of reflection on what could be done in the future, for example an industry code of conduct for founders and investors.
- grandalf 9y agoI think that's exactly the right solution. Even if the lines that are drawn are not exactly right, having them clearly drawn will help all parties evaluate their own behavior (and that of others) more accurately.
- chipotle_coyote 9y agoMy comment is not meant to exonerate Caldbeck. He went over the line and wound up having people speaking out about his inappropriate behavior. At risk of pulling a "fixed it for you," a former partner is suing Binary Capital because -- according to her lawsuit -- after she told them she was going to resign due to Caldbeck's treatment of her and other women, Caldbeck told her she would never get work again and, after she resigned, started contacting members of her LinkedIn network and falsely telling them she had been fired, while continually sending weird, harassing and vaguely threatening texts (my words, but seriously, they're all in the affidavit). Perhaps the way Caldbeck treated women could be described as "inappropriate behavior," but "we're going to try to destroy your career through back channel means because you're not promising to stay quiet" is way beyond that.
- Powerofmene 9y agoIf "they were told" she was going to resign and still Jonathan Teo did nothing, his words now ring hollow. He may not have harassed women himself but his inaction subjected them to the ongoing unsavory, unprofessional and inexcusable behavior of Caldbeck. Caldbeck's actions of contacting the former partner's LinkedIn network to falsely state she was fired is beyond the pale of human decency. I guess it is true that desperate times call for desperate measures. Maybe his statement of the former Binary partner never working in SV again may be a self-fulfilling prophecy.
- grandalf 9y agoIf you know the whole story, you are right. I don't know the whole story so I'm reserving judgment. I'm curious what you think Teo should have done? Should he have resigned at the first indication that Caldbeck did anything inappropriate?
- Powerofmene 9y agoI am not privy to any inside information. What I am saying is that if it was a "well known secret" that Caldbeck was behaving badly then Teo should have pulled Caldbeck aside and said this must stop immediately or leave willingly or unwillingly, Caldbeck's choice. If Teo knew and did nothing then he is reaping what came from his own inaction and his words ring hollow now. Further, if he knew and did nothing, the stakeholders, all of them, deserve more from the CEO. I have never thought that Teo should resign for something someone else did but if he knew and turned a blind eye to what was going on then his resignation may end up being necessary for Binary to fully recover. I have always been a firm believer in personal accountability and at this point only Teo knows what he knew and when.