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I actually never said that VCs were human garbage. Some of them are, some are not. I tend to think that most are not, but that many of the "cool kids" are. My
by michaelochurch 14y ago
I actually never said that VCs were human garbage. Some of them are, some are not. I tend to think that most are not, but that many of the "cool kids" are.
My direct experience (which is not with VCs) is that the VC-darling startups are mostly run by human garbage, which raises questions about who funds them. Does this mean there are probably some horrible VCs? Yes, absolutely. Does it mean that all VCs are that way? Of course not. There are plenty of good ones out there, too.
My feelings about this suit are complicated. Look, Al Capone was nabbed on tax fraud, rather than the harder-to-prove but more vicious shit he did. If the Greenspan suit starts a process that puts an end to VC note-sharing and co-funding and social-proof calls-- against the spirit of the law, but hard to prove on an individual basis-- then I'm all for it.