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The CEO of Mattermark spent a lot of time and energy in the early days of the company establishing a public presence as a brash, highly opinionated thought lead
by BigMan555 9y ago
The CEO of Mattermark spent a lot of time and energy in the early days of the company establishing a public presence as a brash, highly opinionated thought leader in the “how to run a start-up” intellectual space, which makes the failure of the company a little ironic and is almost certainly contributing to the Schadenfreud I’ve read on Twitter.
Take, for instance, this post, in which she seemingly boasts of the company’s massive burn rate: https://medium.com/@DanielleMorrill/is-my-startup-burn-rate-normal-882b2bd20f02 https://medium.com/@DanielleMorrill/is-my-startup-burn-rate-...
Or this post, in which she shames a number of “Zombie Unicorns” (including WeWork): http://www.businessinsider.com/mattermark-names-troubled-unicorns-2015-10 http://www.businessinsider.com/mattermark-names-troubled-uni...
Why be so publicly hostile and truculent?
Also, it appears that the CEO lacked focus: according to her Twitter profile, she’s a VC and a very prolific angel investor. I’d be upset as an employee of the company receiving $0 for my common stock that the CEO was effectively hedging her Mattermark bet with a number of side gigs. The CEO’s job is to be singularly focused on the success of the company.
- minimaxir 9y agoNotably, there's been complaints that the TechCrunch article is too negative (https://twitter.com/sm/status/944087102982995969 https://twitter.com/sm/status/944087102982995969), which has the inverse problem.
- jpeg_hero 9y agoYeah, unreal. Hey @sm give me $17m and I’ll give you $1m back and we’ll gauge your positivity/negativity. This is the stuff that gives SV a bad reputation- the sense of entitlement. That of course we deserve “others people’s money” to do with what we please and should be praised for it. This is real money @sm !!
- lenley 9y agoThat aggressiveness gets noticed and picked up by lots of different outlets -- from tech aggregators to mainstream business publications looking for "punchy" topics. E.g. look at who appears on CNBC programs. Unfortunately, people have made that into a marketing strategy -- I'm not sure it is something to really hold against Mattermark in particular.