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VC Chamath Palihapitiya Attempts to Shame Entrepreneurs Once Again
- rdl 13y agoThe AirBnB leaked email fiasco was seriously wtf. (http://uncrunched.com/2011/10/01/chamath-palihapitiyas-statement-on-airbnb-email-fiasco/ http://uncrunched.com/2011/10/01/chamath-palihapitiyas-state...) I could almost see a third party who wasn't invested in a company criticizing it like that (but, if you're an active investor, it's still probably a bad idea; I doubt Airbnb or any of their investors were happy with it, and you might want to do deals with them in the future, even if not that round). But, if one of your own investors fucks you like that, in public, you should figure out a way to get them out of your cap table. I'd offer a slight premium to buy their previous-round equity out at the new round valuation.
- subsystem 13y agoSeems more like the author is trying to shame the VC in question. I didn't think the e-mail was out of line, nor I'm I going to start to because of some made up consensus.
- kumarski 13y agoIsn't he simply suggesting entrepreneurs should be building ventures that impact the other 6 billion? From what I've read, I didn't think he's shaming anyone. It seems he's drawing his line in the sand. Conversely, I think it's odd that most of his investments don't correlate to his spouted ideology. Danielle, great job putting together the analytics. I love that you publish the data in this manner. I think the title comes on a bit strong.
- ivankirigin 13y agomost of his investments don't correlate to his spouted ideology. Marketing and brand don't always correlate with substance.