4 ms·
And the consequences of being accused of sexism by an online mob have now become so extreme that many investors don’t want to risk it anymore. Forgive m
by stonogo 6y ago
And the consequences of being accused of sexism by an
online mob have now become so extreme that many investors
don’t want to risk it anymore.
Forgive me, but, what exactly are these "consequences"? I can see it for e.g. line employees, especially in communications or media roles, but for investors? What happens, they lose some Twitter followers? Slightly fewer companies beg them for money? I've never ever heard of an investor suffering at all because of social media outrage and I'm tempted to speculate it's never happened.
- xenihn 6y agoThey're not going to wind up homeless or in prison, but they still care about their reputation. If that's harmed, it's going to affect their ability to get richer.
- kjjjjjjjjjjjjjj 6y agoInvestors only make money when people accept their money... like any other business. It's especially a risk now with VC money basically easier to get than a drink at 7-11
- stonogo 6y agoI'm really looking for examples here. Nobody seems to be able to provide me one investor who is left in the lurch over this sort of thing.
- KODeKarnage 6y agoThere are more important things than money. Having your name dragged through the mud, having people presume you are a disgusting sexist before they have even met you, these are things that can destroy a person regardless of their wealth.