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> VCs will absolutely be dragged into the mix and publicly shamed for contributing to the problem In every example you gave, the investors whose names was "dra
by laughinghan 7y ago
> VCs will absolutely be dragged into the mix and publicly shamed for contributing to the problem
In every example you gave, the investors whose names was "dragged" were already independently controversial.
Juul has plenty of investors who didn't famously exacerbate and suppress public awareness of what is still the leading cause of preventable death in the US [1]. WeWork and Uber have plenty of investors who didn't famously murder and dismember any journalists.
This undermines your claim that such "media shitstorms" can "trash [a] firm’s legacy and reputation". Cigarette companies and Saudi money already had trash reputations independent of Juul, WeWork, and Uber.
[1] According to the CDC: https://www.cdc.gov/tobacco/data_statistics/fact_sheets/fast_facts/index.htm https://www.cdc.gov/tobacco/data_statistics/fact_sheets/fast...