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The way I read it, the overall point of the NYT article was that many start-up investors have, at various times throughout recent history, said the bubble could
by jimkleiber 6y ago
The way I read it, the overall point of the NYT article was that many start-up investors have, at various times throughout recent history, said the bubble could/would burst and then the bubble didn't burst.
PG explicitly said no one knew what effect it would have, and yet the prominent investor with whom he spoke "seemed sure the bad performance of the Facebook IPO will hurt the funding market for earlier stage startups."
So I agree that the author attributed the certainty to PG when it wasn't he who stated it so certainly, and was more concerned with how to mitigate the effects of a potential slowdown in funding.
I also don't think that discredits the whole article and the point that many people have stated, and I'm sure much more certainly than PG, that the latest news story is the sign of the startup apocalypse and funding will disappear.
So yes, I feel frustrated they attributed that certainty to PG himself and not the prominent investor with whom he spoke, but I really don't think that's enough to discredit the whole article, or that it was the author's intention to twist PG's words. Maybe it was. I guess I just don't think the author was trying to not be neutral.