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The problem is you're feeding the other candidates (and the audience) the illusion that they have a fighting chance against the insider. This deceit won't be ta
by _broody 12y ago
The problem is you're feeding the other candidates (and the audience) the illusion that they have a fighting chance against the insider. This deceit won't be taken kindly after they realize how they were beat out.
This is the equivalent of insider trading among government legislators. It's a very real problem, and there is no realistic solution since it is a systemic flaw of the startup/VC model.
It's quite possible startup culture can't continue working forever, and if this is a growing trend, that eventually too much encroachment by VCs will smother and scare away everyone who isn't an insider.