3 ms·
Silicon Valley isn't a special place for invention and for startups because of special infrastructure or special laws, but because of special ideas and special
by Lambent_Cactus 15y ago
Silicon Valley isn't a special place for invention and for startups because of special infrastructure or special laws, but because of special ideas and special norms. Those norms don't hold up in court, and they erode a little bit every time someone like Pincus only thinks about what they can get away with instead of what's right. This reduces the perceived value of equity for everyone in the valley, makes everyone less open, less trusting, less willing to take a risk. In the end, we all lose for that.
If I had my way, Pincus would never work in this town again. Anyone involved in this decision should be made a pariah. If we don't defend the norms that make innovation possible, we'll lose them.