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I agree that the problematic investor shouldn't be outed here. The investor isn't here to defend himself, and outing him will cause him irreparable (and perhap
by fairity 6y ago
I agree that the problematic investor shouldn't be outed here. The investor isn't here to defend himself, and outing him will cause him irreparable (and perhaps undue) reputational damage.
[edit] Is giving the accused a platform to defend himself that unpopular of an opinion? Online shaming often gets out of hand and goes too far. I recommend this TED talk: https://www.ted.com/talks/jon_ronson_when_online_shaming_goes_too_far https://www.ted.com/talks/jon_ronson_when_online_shaming_goe...
- birdyrooster 6y agoWhat forum should he be outed in exactly?
- fairity 6y agoThere are a couple options that come to mind: 1) Contact the accused party and ask him for a written response. By giving him the opportunity to defend himself, you get a more balanced view and decrease the likelihood of cruel & unusual punishment. 2) Out the investor in private forums where data/information that arises after the publication of this article can be fully considered. YC and many other founder networks have investor databases for this purpose.
- munk-a 6y ago1 isn't a terrible idea in most circumstances but with investors you're more likely to get a C&D than a fair response given the line of work and the importance of reputation to the process. 2 - no, I disagree strongly for two reasons: Keeping information in a quiet private forum makes it inaccessible to people at large. This means the next CEO who runs up against this investor is mostly completely unaware of their past actions. And, honestly, hackernews is probably the single most relevant forum you could find to discuss this on - it has a general lean toward tech but it is run by ycombinator which is specifically interested in all things investment.
- fairity 6y ago> Keeping information in a quiet private forum makes it inaccessible to people at large. This means the next CEO who runs up against this investor is mostly completely unaware of their past actions. I agree this is the downside of my proposed approach. But, the alternative is a world where someone's reputation can be irreparably damaged by unsubstantiated claims made by one person. Do you want to live in a world where someone's reputation and livelihood can be destroyed by unsubstantiated claims? You may think I'm overstating the potential damage, but I think people generally underestimate the damage the internet mob can inflict on a person.
- munk-a 6y agoThere are some societal tools that exist to fight against baseless slander in a public forum but, tbh, the US has resisted adopting those. I would rather live in a world where the powerful can be baselessly attacked compared to a world where the weak are unable to fairly attack them - if we need to err on one side or the other I prefer to put up with trolls and scammers.
- marcinzm 6y agoExcept the powerful will simply use those tools to baselessly attack the weak especially those that pose problems to them. They, after all, have the money and influence to pay for much more professional attacks than the weak can scrounge together.
- fairity 6y agoI don't see this as a case where a weak party is unable to fairly attack the powerful. Even without outing the investors, many founders are currently doing the necessary research to identify the investor and will blacklist him. I think we should keep in mind that: 1) The accusations are currently unsubstantiated 2) The reputational damage to the investor is already significant and largely irreversable 3) Outing the investor here will significantly increase the reputational damage to the investor Given the above, I really don't see how it's fair to out the investor before substantiating the accusations or giving the investor time to respond.
- deleted 6y ago[deleted]
- kbenson 6y agoThe author didn't out them, and they were the people that feel wronged by them. Why do you feel the need to do what the author chose specifically not to?