[deleted]
...says one of them. You use shell companies to obfuscate investments.
[deleted]
Network of ‘Scouts’ Spreads Money Through Silicon Valley
11–20 of 30 posts
Re: Network of ‘Scouts’ Spreads Money Through Silicon Valley
#12Earlier quoted context omitted.
...says one of them. You use shell companies to obfuscate investments.
[deleted]
No, you're seriously misguided, and I'm seriously going to talk to Congress and the SEC about this.
You posted A) without disclosing that you are one of the "scouts" mentioned in the article; B) with the misleading assertion that everything in the article was disclosed in 2013 already by Pando Daily, which is not true; and now C) with this new assertion that the never-before-disclosed shell companies aren't obfuscatory.
Wow.
Re: Network of ‘Scouts’ Spreads Money Through Silicon Valley
#13Not sure why WSJ thinks this is exposé-worthy. Just a clever tactic on Sequoia's behalf, probably a good example of why they've been considered top dog in VC for so long.
Re: Network of ‘Scouts’ Spreads Money Through Silicon Valley
#14As a former CS50 student and Mark's classmate, I personally find it depressing that Harvard's current CS50 professor, who is widely praised, is secretly on Sequoia's payroll via a shell company so that they can have the inside track on the "next Zuckerberg." If professors want to teach, they should teach. If they want to invest, they should invest. But they shouldn't be doing both without making it clear to students…
What makes you think there's a conflict of interest here?
Re: Network of ‘Scouts’ Spreads Money Through Silicon Valley
#15Earlier quoted context omitted.
[deleted]
No, you're seriously misguided, and I'm seriously going to talk to Congress and the SEC about this. You posted A) without disclosing that you are one of the "scouts" mentioned in the article; B) with the misleading assertion that everything in the article was disclosed in 2013 already by Pando Daily, which is not true; and now C) with this new assertion that the never-before-disclosed shell companies aren't obfuscato…
Dude, can you calm down? David is a nice person who is doing work that grows the economy. He isn't polluting rivers or clear-cutting forests. Stop treating these people like scam artists, they're just trying to help capital move around more efficiently; maybe you don't like the circles in which that capital is moving, but at least it's moving.
And for the record, David and I do not have any sort of financial/business relationship and I haven't seen or talked to the guy in like 10 years.
Re: Network of ‘Scouts’ Spreads Money Through Silicon Valley
#16Earlier quoted context omitted.
No, you're seriously misguided, and I'm seriously going to talk to Congress and the SEC about this. You posted A) without disclosing that you are one of the "scouts" mentioned in the article; B) with the misleading assertion that everything in the article was disclosed in 2013 already by Pando Daily, which is not true; and now C) with this new assertion that the never-before-disclosed shell companies aren't obfuscato…
Dude, can you calm down? David is a nice person who is doing work that grows the economy. He isn't polluting rivers or clear-cutting forests. Stop treating these people like scam artists, they're just trying to help capital move around more efficiently; maybe you don't like the circles in which that capital is moving, but at least it's moving. And for the record, David and I do not have any sort of financial/business…
>they're just trying to help capital move around more efficiently
One of the companies was not told for 3 years were the investment money was really coming from. Growing the economy is not a valid excuse for being deliberately misleading.
Re: Network of ‘Scouts’ Spreads Money Through Silicon Valley
#17As a former CS50 student and Mark's classmate, I personally find it depressing that Harvard's current CS50 professor, who is widely praised, is secretly on Sequoia's payroll via a shell company so that they can have the inside track on the "next Zuckerberg." If professors want to teach, they should teach. If they want to invest, they should invest. But they shouldn't be doing both without making it clear to students…
What makes you think there's a conflict of interest here?
The fact that entrepreneurs are regularly encouraged to drop out, so the investor and professor roles are potentially in conflict?
Re: Network of ‘Scouts’ Spreads Money Through Silicon Valley
#18Earlier quoted context omitted.
[deleted]
No, you're seriously misguided, and I'm seriously going to talk to Congress and the SEC about this. You posted A) without disclosing that you are one of the "scouts" mentioned in the article; B) with the misleading assertion that everything in the article was disclosed in 2013 already by Pando Daily, which is not true; and now C) with this new assertion that the never-before-disclosed shell companies aren't obfuscato…
Post is deleted, may I inquire what message is your response to, and who exactly it was in response to?
Re: Network of ‘Scouts’ Spreads Money Through Silicon Valley
#19I wonder if it would make sense at some point for VCs to make seed investments at infinite valuations -- that is, taking no equity at all -- in order to obtain information rights. Even if there are no follow-on investment rights attached, having insider information on how well a startup is doing must be worth something...
(For legal and tax reasons I'm guessing the "infinite" valuation would instead need to merely be astronomically high; the point remains however that in an economic sense they would be buying information rights rather than shares.)
Re: Network of ‘Scouts’ Spreads Money Through Silicon Valley
#20Earlier quoted context omitted.
No, you're seriously misguided, and I'm seriously going to talk to Congress and the SEC about this. You posted A) without disclosing that you are one of the "scouts" mentioned in the article; B) with the misleading assertion that everything in the article was disclosed in 2013 already by Pando Daily, which is not true; and now C) with this new assertion that the never-before-disclosed shell companies aren't obfuscato…
Post is deleted, may I inquire what message is your response to, and who exactly it was in response to?
Here's what he deleted:
http://www.aarongreenspan.com/david-ulevitch-deleted-post.pd...
I figured that would happen, so I saved it to PDF first.