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It is very difficult to be what Ron Conway is. Respect. He is not preaching but living an example & telling others that it can be done. The problem is that this
by jyothi 16y ago
It is very difficult to be what Ron Conway is. Respect. He is not preaching but living an example & telling others that it can be done. The problem is that this mail was meant only for super angels to possibly introspect and be influenced. Not to be beaten around in public forums embarrassing the investors. Sometimes confessions in private work better as a fix. It is hard in public.
If Arrington had any sense he would have kept quiet and not divert attention to a debacle through TC at the cost of start-up community.
- adammichaelc 16y agoI don't agree that Arrington should have kept quiet. When you shine a light in a dark room you are able to see what people do when they think nobody is looking. In Arrington's case, he gave the world a front-row seat in a meeting where the participants thought they were in private -- this is a very good thing in my opinion. With few exceptions, transparency is a win for society and business because it keeps people honest. Arrington's report puts the "secret-meeting participants" on notice that they can't get away with this kind of thing, and it also alerts entrepreneurs to watch out for it. Both very good things.
- dasil003 16y agoI agree with this assessment. Sure it's linkbaity and Arrington has an ulterior motive of stirring up drama for page views, but at the end of the day it passes the smell test. Not necessarily that collusion occurred, but just that things may have been heading in that direction... it's probably a pretty gray area when you think about all the way that angel investments are structured and the diverse opinions among angles. All the drama will probably blow over in a few days, and in the end both the super angels and entrepreneurs will be better off for this ethics-check having occurred.