>I don't know why people seem to expect VC to be of better virtue than others means of founding a company.
Because they talk the game.
For example, here's Reid Hoffman, another VC on a pedestal:
"When I graduated from Stanford my plan was to become a professor and public intellectual. That is not about quoting Kant. It's about holding up a lens to society and asking 'who are we?' and 'who should we be, as individuals and a society?"
But then he went on to be a major funder of Zynga, which in its heyday was a scummy, spam business. Everybody knew it. Made his money and got out. Now it seems LinkedIn resorts to many of these same deceptive tactics, as evidenced by recent HN articles.
I don't understand why we hold these individuals in such high regard.
Because they talk the game.
For example, here's Reid Hoffman, another VC on a pedestal:
"When I graduated from Stanford my plan was to become a professor and public intellectual. That is not about quoting Kant. It's about holding up a lens to society and asking 'who are we?' and 'who should we be, as individuals and a society?"
But then he went on to be a major funder of Zynga, which in its heyday was a scummy, spam business. Everybody knew it. Made his money and got out. Now it seems LinkedIn resorts to many of these same deceptive tactics, as evidenced by recent HN articles.
I don't understand why we hold these individuals in such high regard.