4 ms·
VC industry likes to mention that there are bad actors without actually mentioning the bad actors. It's a faux pas to actually name and shame. The industry happ
by dbmikus 1y ago
VC industry likes to mention that there are bad actors without actually mentioning the bad actors. It's a faux pas to actually name and shame. The industry happens to be small enough and super relationship-driven so, for better or worse, observing the faux pas matters.
- neilv 1y agoI cannot think of a selfish upside to broadcasting who the alleged bad actors are. But I can think of selfish downside to doing so. Retaliation and discrediting, by someone you already know is underhanded. Also, you don't want to be known as someone who might violate a confidence, or air industry dirty laundry. Also, when someone Web searches your name, you don't want some scandal headline to come up. I can also think of selfish reason to say that there are bad actors, without naming them: "Of course, we're good ones, just warning you, because we're looking out for you."