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The ironic part is that many of these VCs actually voted the people into power who are now turning on them. I wonder if Fred Wilson and Marc Andreessen have bu
by temphn 15y ago
The ironic part is that many of these VCs actually voted the people into power who are now turning on them.
I wonder if Fred Wilson and Marc Andreessen have buyer's remorse today. These SEC appointees didn't fall from the sky, they came from this administration.
http://www.avc.com/a_vc/2008/11/barack-hussein.html http://www.avc.com/a_vc/2008/11/barack-hussein.html
A world class management team. I remember the first debate
I ever watched Obama participate in. He was asked whether
he was a "strong operatating executive." He replied that
he was not "the COO", that he was more like "the CEO". And
then he went on to talk about surrounding yourself with
the best people you can find and then letting them do
their job. He did that with his campaign which was a
masterful thing to watch, he did that with his VP pick (in
stark contrast to the Palin fiasco), and I expect he'll
build a killer cabinet and a killer administration (look
for some picks from across the aisle).
http://techcrunch.com/2008/03/03/marc-andreessen-for-obama/ http://techcrunch.com/2008/03/03/marc-andreessen-for-obama/
Marc Andreessen: We asked him directly, how concerned should we be that you
haven’t had meaningful experience as an executive — as a
manager and leader of people?
He said, watch how I run my campaign — you’ll see my
leadership skills in action.
...
He’s got my vote.
- jswinghammer 15y agoI think everyone wanted to believe in Obama and they were finding reasons. I'm not sure why they did given how much support he received from the banking industry. The reason he won was because the bankers preferred him over McCain and gave him dump trucks full of money. It's easy to see why so far. Basically we've had to give the bankers foot massages because a slap on the wrist would have been too mean for their tender hearts to handle. I'm not arguing McCain would have been much better but on this kind of nonsense he definitely would have been better. And of course Obama doesn't know anything about the market and certainly does not believe in the free market to do anything. His latest jobs program should make that painfully obvious to anyone paying attention. The notion of the technocrat appeals to people who are smart and like solving problems. They feel like any problem can be solved with a good enough team and a smart leader (as an aside why does anyone believe Obama to be anything but an average intellect). That is as FA Hayek put it a fatal conceit but it's easy to see why people fall into it. I said the same thing about Mark Cuban's comical jobs program: top down thinking is toxic to your brain.
- nano81 15y agoI don't think this political rant belongs here.
- jswinghammer 15y agoYeah in retrospect you are probably right. I meant in response to the people who supported Obama are getting what they asked for (without knowing it).
- hullo 15y agoNowhere in the article is an investigation mentioned or even inferred.