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The hook to this piece is "Yale". To see why, try reading it without the word Yale. Then it's just "Some Guy Has Business Trouble, Gets Sued, Some People Don'
by dsjoerg 12y ago
The hook to this piece is "Yale". To see why, try reading it without the word Yale. Then it's just "Some Guy Has Business Trouble, Gets Sued, Some People Don't Like Him". No story.
I met him once at a party, we talked for a while, seemed like a pretty typical entrepreneur/hustler dude. Did not pick my pocket.
- smacktoward 12y agoI disagree. There is a story there, namely that the Yale credential is one of the magic signifiers that let this guy waltz his investors past doing any due diligence before trusting him with their money. It didn't occur to them that such a thing was necessary, because he had all the right boxes checked off on his CV -- young, white, male, Silicon Valley, Yale. He was The Right Sort, and that was all the investors needed to know. The story is the way that connections and credentials count for more in the world of American capital than a track record of success, or even honesty.
- mathattack 12y agoIn Manhattan it's Yale. In Palo Alto the cred comes from Stanford, Cal Tech and MIT.
- AJ007 12y agoThe story between the lines here is, if the NYTimes writes a positive piece about you and your doing shady shit, expect a followup.
- jonsterling 12y ago“Hustlers dudes” are awful.