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Agree/Disagree -- Agree that CrunchFund ("CF") would have a great avenue to promote its investments through TC, but I think doing so is unethical. On the other
by Scrockett 15y ago
Agree/Disagree -- Agree that CrunchFund ("CF") would have a great avenue to promote its investments through TC, but I think doing so is unethical. On the other hand, I think YC operating HN is completely fine. Here's why:
1) YC's primary business is being an accelerator. This business preceded HN. HN compliments YC's primary business, but doesn't undermine or corrupt it. Conversely, TC's primary business is an online tech blog/journal (and is often a launching pad for startups). CF would undermine the primary business (i.e., TC) by calling into question the legitimacy of all pieces written about CF investments.
2) HN is a online community/news aggregator -- i.e., no original pieces (other than comments). TC is a group edited blog/journal that publishes original content. This means that TC can write opinion pieces to promote its investments, while YC can only post links to third party pieces about its investments.
3) TC has a much deeper reach than HN. Although HN is wildly popular in the tech community, people outside the tech community are generally ignorant to its existence. TC on the other hand, is the place that many "normals" go to get their tech news -- so a biased piece about a CF investment would reach a much broader audience than a biased piece posted to HN.
When you combine these three factors, I think that TC having CF is unethical, but YC having HN is not.
- ignifero 15y ago4) HN doesn't make any money and is not advertised anywhere.