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I don't think they are somehow attempting to hide their motivations or mislead employees. As you say, it is obvious. They are only arguing that both employees
by jmull 9y ago
I don't think they are somehow attempting to hide their motivations or mislead employees.
As you say, it is obvious.
They are only arguing that both employees and investors have a shared interest in the long-term success of the company. Which sounds pretty reasonable.
- cocktailpeanuts 9y agoThe problem is a lot of people believe that Benchmark has interest in the short-term success (until it IPOs) due to its fund cycle. So it's pretty obvious that there's no such "shared" interest here. Which is why this letter comes off as deceitful
- rtx 9y agoBenchmark have a deadline.