4 ms·

I'm against discrimination and all, but isn't the decision to invest freely based on anything they want? I like the cut of his jib, or those shoes are cool, you

I'm against discrimination and all, but isn't the decision to invest freely based on anything they want? I like the cut of his jib, or those shoes are cool, you're in? This isn't a job, it's an investment of money in a company. I could be way off base though. Opinions?

dylandrop 13y ago
The people he would be hiring are working essentially at subsidiary companies, at least for their tenure at YC. They receive their payment from YC, and work under the direction of YC, so as far as they're concerned, they are YC employees, and they deserve equal treatment. You can't discriminate on ethnicity or country of origin when hiring.
- jacquesm 13y ago
  YC does not pay a salary but does an investment for which they are rewarded with stock. So they're not YC employees.
- mrt0mat0 13y ago
  if you invest in only american stock, you're descriminating... what if i forced you to buy foreign stock to balance it out? isn't that the same concept? you OWN that company.
roel_v 13y ago
Yes, that's the question that is being asked in the OP: is an investor subject to the Civil Rights Act. Which, in my opinion, is quite clearly to be answered 'no', since an investor doesn't fall under any of the categories in the law, the interpretation guidelines or (as far as I know) in the case law. So this is basically whining by somebody who doesn't know what he's talking about. Even when you hire somebody, you can discriminate all you want, except not against a limited set of criteria such as ethnicity, gender etc. So if you decide to not hire somebody because you don't like his shoes, that's perfectly within your right (except when you can construe that the shoes are correlated to another, protected aspect. Let's say you don't hire a woman because she wears a bra and you don't like bras. That's almost certainly a violation).

4 ms·

I'm against discrimination and all, but isn't the decision to invest freely based on anything they want? I like the cut of his jib, or those shoes are cool, you

by mrt0mat0 13y ago

dylandrop 13y ago
The people he would be hiring are working essentially at subsidiary companies, at least for their tenure at YC. They receive their payment from YC, and work under the direction of YC, so as far as they're concerned, they are YC employees, and they deserve equal treatment. You can't discriminate on ethnicity or country of origin when hiring.
- jacquesm 13y ago
  YC does not pay a salary but does an investment for which they are rewarded with stock. So they're not YC employees.
- mrt0mat0 13y ago
  if you invest in only american stock, you're descriminating... what if i forced you to buy foreign stock to balance it out? isn't that the same concept? you OWN that company.
roel_v 13y ago
Yes, that's the question that is being asked in the OP: is an investor subject to the Civil Rights Act. Which, in my opinion, is quite clearly to be answered 'no', since an investor doesn't fall under any of the categories in the law, the interpretation guidelines or (as far as I know) in the case law. So this is basically whining by somebody who doesn't know what he's talking about. Even when you hire somebody, you can discriminate all you want, except not against a limited set of criteria such as ethnicity, gender etc. So if you decide to not hire somebody because you don't like his shoes, that's perfectly within your right (except when you can construe that the shoes are correlated to another, protected aspect. Let's say you don't hire a woman because she wears a bra and you don't like bras. That's almost certainly a violation).