|
|
|
|
|
by notyourday
3050 days ago
|
|
The article is written by a VC trying to protect his turf. Lying is rampant in startup world, up and down the chain of management. It is also routine in the world built around startups. VCs lie to execs. Execs lie to leadership. Leadership lies to management. Management lies to rank and file. In our politically correct culture it is just not called "lying" - it may be called "accelerating" or "explaining" or "moving the needle". This, in turn, creates a situation where everyone with an ounce of brain and common sense needs to figure out not just a real picture but a real picture as seen by every layer of organization or players. I especially take issue with this: "The team underneath the founders should feel like they have the right, and the responsibility, to talk to the Board and investor group when founder dysfunction gets really bad. In general the idea of the team going around the leaders to the Board is a big “no no” in startup land, but there are a few places where that needs to happen, like outing illegal or dishonest actions, or harassment. " Had this been the case we would not have had scandals at Zenefits and Uber. The big no-no in a startup land is no stop looking like a cash cows for VCs. |
|