4 ms·

What is it about being the CEO of a startup that causes people to believe these promises?

by zucker42 6y ago

mritchie712 6y ago
Everyone thinks “this time will be different”
- dhimes 6y ago
  Indeed. The abused spouse syndrome. Although that's probably a more apt name for when you believe the same company for the nth time.
- dekerta 6y ago
  I think it's more so something founders can tell themselves to feel better about the situation. Deep down they know it's not true
IshKebab 6y ago
What makes you think they believe it?
- zucker42 6y ago
  For example, I honestly believe the Oculus founder believed the promises that you wouldn't ever need to use a FB account to use an Oculus, just given his public comments.
  - twentydollars 6y ago
    You can't use Oculus products now without a Facebook account?
    - drusepth 6y ago
      Without a Facebook account, your Oculus headset has "limited" features. There's also been a bunch of stories on HN from people who've bricked their headset when their linked Facebook account got banned or deleted. [1] https://www.oculus.com/blog/a-single-way-to-log-into-oculus-and-unlock-social-features/ https://www.oculus.com/blog/a-single-way-to-log-into-oculus-...
      - sjfidsfkds 6y ago
        Does it really brick the headset? I read that if one account gets banned, you can log in with another account.
  - lupire 6y ago
    Why would you believe public comments, especially from someone who sold to Mark Zuckerberg, famous for mocking people for trustit him?
notsureaboutpg 6y ago
They don't believe it. They want to cash out (fair enough) and just trying to keep community happy while they do so.
corobo 6y ago
The bank balance
dceddia 6y ago
Feels like, at this point, anyone in this situation surely knows what's gonna happen. They can't say it publicly, though, or at least, definitely not during the announcement! I can just imagine how that would go... "Today we have been purchased by BigCo. We'll try to keep things the same for as long as we can, but tbh all the founders got a 2 year agreement after which we get a boatload of money, and then we're outta here and they'll probably shut this whole thing down. Enjoy it while it lasts!"

What is it about being the CEO of a startup that causes people to believe these promises?

mritchie712 6y ago

Everyone thinks “this time will be different”

dhimes 6y ago
Indeed. The abused spouse syndrome. Although that's probably a more apt name for when you believe the same company for the nth time.
dekerta 6y ago
I think it's more so something founders can tell themselves to feel better about the situation. Deep down they know it's not true

IshKebab 6y ago

What makes you think they believe it?

zucker42 6y ago
For example, I honestly believe the Oculus founder believed the promises that you wouldn't ever need to use a FB account to use an Oculus, just given his public comments.
- twentydollars 6y ago
  You can't use Oculus products now without a Facebook account?
  - drusepth 6y ago
    Without a Facebook account, your Oculus headset has "limited" features. There's also been a bunch of stories on HN from people who've bricked their headset when their linked Facebook account got banned or deleted. [1] https://www.oculus.com/blog/a-single-way-to-log-into-oculus-and-unlock-social-features/ https://www.oculus.com/blog/a-single-way-to-log-into-oculus-...
    - sjfidsfkds 6y ago
      Does it really brick the headset? I read that if one account gets banned, you can log in with another account.
- lupire 6y ago
  Why would you believe public comments, especially from someone who sold to Mark Zuckerberg, famous for mocking people for trustit him?

notsureaboutpg 6y ago

They don't believe it. They want to cash out (fair enough) and just trying to keep community happy while they do so.

corobo 6y ago

The bank balance

dceddia 6y ago

Feels like, at this point, anyone in this situation surely knows what's gonna happen. They can't say it publicly, though, or at least, definitely not during the announcement! I can just imagine how that would go... "Today we have been purchased by BigCo. We'll try to keep things the same for as long as we can, but tbh all the founders got a 2 year agreement after which we get a boatload of money, and then we're outta here and they'll probably shut this whole thing down. Enjoy it while it lasts!"