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There is so much bootlicking right now in the Valley / VC / Tech Twitter communities, but more folks need to call out Sequoia's poor judgement directly. You do
by s3r3nity 4y ago
There is so much bootlicking right now in the Valley / VC / Tech Twitter communities, but more folks need to call out Sequoia's poor judgement directly.
You don't get to hide behind the veil of "oh we're taking bets & huge risks all the time" and get a free pass at such catastrophically bad character analysis.
(Don't get me started on the shitty "oh i don't read books" story that was part of that puff piece...)
- sillysaurusx 4y agoWhat do you propose, concretely? They have egg on their face, publicly. That’s about the worst we can do. It’s not merely to be nice that the veil you mention exists. VCs need to be able to take risk. If they can’t, then suddenly there won’t be future Ubers and Airbnbs. Some may be fine with that tradeoff, but the history of societies shows that wealthy societies tend to prosper. And startups are the engine that drive that wealth creation.
- kevmo314 4y ago> VCs need to be able to take risk. Is fitting a profile taking risk?
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