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by wellboy
4387 days ago
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Yes, true. One can certainly learn from what they have done, but I think what I mean with invalidated is that they immediately lose all of their credibility with a statement like this. Because of this, people won't be inspired by them anymore and their opinion doesn't have weight anymore, because now everybody knows they are not looking to make a difference in the world, they are only looking out for themselves and their own benefit. Still have hopes for Ben, I've always admired a16z, but this really sucks |
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By all accounts, their treatment of founders is very ethical indeed (by Founders' standards), for example, and I wouldn't expect this to impact their credibility as knowledgable VCs at all.
In short, people are complicated, and applying well-earned admiration in one area to transitively enhance someone's reputation in another is clearly an all too common error (hence celebrity endorsements, etc.)