3 ms·

This guy is not really a good thing for YC, I honestly stopped caring that much about this incubator after that guy who was in before him left. Sam Altman shoul

This guy is not really a good thing for YC, I honestly stopped caring that much about this incubator after that guy who was in before him left. Sam Altman should be removed.

aswanson 9y ago
I love the ambition of this dude to call out the valley to reach for more than what it is. The field needs 10000 more Sam Altmans.
- garmaine 9y ago
  I prefer a VC that doesn’t inject a political agenda.
  - deleted 9y ago
    [deleted]
  - aswanson 9y ago
    You prefer a VC that isnt human. All humans inject their politics into every action they take. Accept it.
    - garmaine 9y ago
      Not quite. Fund managers generally have a fiduciary responsibility to their limited partners, meaning they are required to act in ways guided first and foremost by what increases ROI. There's a lot of room for interpretation there about short term vs long term gains, the investor value of creating sustainable businesses, and of course the biases the manager's own political views inject into their decision making. But he or she must still act with investor ROI in mind by investing in the companies they honestly think likely to succeed and then help them do so. To fail to do so would be to face investor revolt and possible lawsuits, and undermines those hard working entrepreneurs who take their companies in different (and maybe more profitable) directions than their investor had in mind. I don't like that. To rephrase what I originally said, I prefer my investors to be economically rational in their motivation, not political. Hence I have never sought YC investment under Mr. Altman, nor do I intend to. Thankfully I've done just fine without.
  - hi-im-mi-ih 9y ago
    And what political agenda is that, precisely?
    - garmaine 9y ago
      Progressivism in the big-D sense, and UBI-based approaches to economic equality.
  - dpc59 9y ago
    Not having a political agenda is having a political agenda in favor of the status quo.
    - katastic 9y ago
      Ah, the 1930'a Nazi policy. Interesting to see it come back after almost a hundred years of people realizing "You're either with us or against us" only leads to human right's abuses. I'll be sure to grab some marshmallows to cook at the upcoming weekly burning of traitors. I mean, you might as well apply the same logic to everything else. "Why doesn't my Calculus book push my agenda? You're either with us or helping the status quo!"--sounds insane, doesn't it? When did it become so popular to throw away your professional objectivity, for a political agenda?
bluetwo 9y ago
How is your VC fund doing? :-)
- eanzenberg 9y ago
  That's weird.. can you only criticize Lebron James if you are better than him at basketball?
  - bluetwo 9y ago
    You need either established credibility or facts, yes. If you present neither, your opinion doesn't amount to much.

This guy is not really a good thing for YC, I honestly stopped caring that much about this incubator after that guy who was in before him left. Sam Altman should be removed.

aswanson 9y ago

I love the ambition of this dude to call out the valley to reach for more than what it is. The field needs 10000 more Sam Altmans.

garmaine 9y ago
I prefer a VC that doesn’t inject a political agenda.
- deleted 9y ago
  [deleted]
- aswanson 9y ago
  You prefer a VC that isnt human. All humans inject their politics into every action they take. Accept it.
  - garmaine 9y ago
    Not quite. Fund managers generally have a fiduciary responsibility to their limited partners, meaning they are required to act in ways guided first and foremost by what increases ROI. There's a lot of room for interpretation there about short term vs long term gains, the investor value of creating sustainable businesses, and of course the biases the manager's own political views inject into their decision making. But he or she must still act with investor ROI in mind by investing in the companies they honestly think likely to succeed and then help them do so. To fail to do so would be to face investor revolt and possible lawsuits, and undermines those hard working entrepreneurs who take their companies in different (and maybe more profitable) directions than their investor had in mind. I don't like that. To rephrase what I originally said, I prefer my investors to be economically rational in their motivation, not political. Hence I have never sought YC investment under Mr. Altman, nor do I intend to. Thankfully I've done just fine without.
- hi-im-mi-ih 9y ago
  And what political agenda is that, precisely?
  - garmaine 9y ago
    Progressivism in the big-D sense, and UBI-based approaches to economic equality.
- dpc59 9y ago
  Not having a political agenda is having a political agenda in favor of the status quo.
  - katastic 9y ago
    Ah, the 1930'a Nazi policy. Interesting to see it come back after almost a hundred years of people realizing "You're either with us or against us" only leads to human right's abuses. I'll be sure to grab some marshmallows to cook at the upcoming weekly burning of traitors. I mean, you might as well apply the same logic to everything else. "Why doesn't my Calculus book push my agenda? You're either with us or helping the status quo!"--sounds insane, doesn't it? When did it become so popular to throw away your professional objectivity, for a political agenda?

bluetwo 9y ago

How is your VC fund doing? :-)

eanzenberg 9y ago
That's weird.. can you only criticize Lebron James if you are better than him at basketball?
- bluetwo 9y ago
  You need either established credibility or facts, yes. If you present neither, your opinion doesn't amount to much.