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by fredsters_s 1845 days ago
There are obviously substantive issues with the messaging - however, the piece reads like a hand-wavey bad-faith attempt at creating controversy for internet hype, for an upcoming book.

Silicon Valley is literally built on 'paying it forward'. Giving advice to others for free because that's how you got to where you are today. That's what the mentors here are doing. To feign ignorance of that, and then to wrap it up in a half-baked "bUt ItS Vc EvIL" is pretty transparent.

2 comments

Paying it forward doesn't usually have a price tag associated with it. This seems extremely scummy. What is Plato providing for the money they are providing? A booking service and some basic screening? That can't be worth more than $5 or $10/mo.
> Silicon Valley is literally built on 'paying it forward'.

Yes, that is what makes this especially tasteless. Exploiting people's generosity and the SV tradition of helping other entrepreneurs.

Also, the point is not that VC is evil, it's that VC funded companies shouldn't make money from donations.