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An employee who exposed Rothenberg Ventures to the SEC

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21–30 of 59 posts

Re: An employee who exposed Rothenberg Ventures to the SEC

#21

This article didn't do this person any favors. Hired for web development, they go trawling through the network finding any insufficiently secured material they can access to appease their sense of justice (and have since used various emails of other people's for media discussions to bolster their case, while ironically talking about email security -- ala "defend against me"). Then they continue working while acting a…

Yes, I would hire him, and not you.

Re: An employee who exposed Rothenberg Ventures to the SEC

#22
Interesting timing, I had just finished reading this Backchannel article regarding Rothenberg Ventures from September: https://backchannel.com/mike-rothenbergs-vc-firm-was-young-s...

Just an excerpt, an example of what I'd imagine some of the unwise personal projects regard:

"Most troublesome are questions about how Rothenberg managed investors’ money. Specifically, in 2015 he founded a virtual reality production company called River Studios to create virtual reality videos for the likes of Coldplay and Björk, funding it with $5 million from Rothenberg Ventures. Many investors say they did not know — nor was it disclosed in annual reports — that he was founding and funding his own business with their dollars, despite the fact that the investment was roughly 50 times the size of the seed investments the firm normally makes."

Re: An employee who exposed Rothenberg Ventures to the SEC

#23

This article didn't do this person any favors. Hired for web development, they go trawling through the network finding any insufficiently secured material they can access to appease their sense of justice (and have since used various emails of other people's for media discussions to bolster their case, while ironically talking about email security -- ala "defend against me"). Then they continue working while acting a…

Just to be clear, in this case your siding with the criminals?

Re: An employee who exposed Rothenberg Ventures to the SEC

#24

This article didn't do this person any favors. Hired for web development, they go trawling through the network finding any insufficiently secured material they can access to appease their sense of justice (and have since used various emails of other people's for media discussions to bolster their case, while ironically talking about email security -- ala "defend against me"). Then they continue working while acting a…

Just to be clear, in this case your siding with the criminals?

Against the hypocrite isn't at all the same thing, as 'for the criminals'. Its that 'you're with me or against me' thinking that plagues the internet lately.

Re: An employee who exposed Rothenberg Ventures to the SEC

#25

This article didn't do this person any favors. Hired for web development, they go trawling through the network finding any insufficiently secured material they can access to appease their sense of justice (and have since used various emails of other people's for media discussions to bolster their case, while ironically talking about email security -- ala "defend against me"). Then they continue working while acting a…

Just to be clear, in this case your siding with the criminals?

I'm not "siding" with anyone. I'm pointing out how this story leads organizations -- including organizations that have no desire to be criminal -- to steer clear of this individual. Cheap rhetoric by the peanut gallery about how eager they would be to hire this person rings incredibly hollow. So I guess their job problems are solved.

Quite aside from what looks like a gross abuse of access (again, and maybe the article is representing it wrong, but I'm pointing out why the article does them no favors), which itself is ironically criminal, society in general looks unfavorably on "tattle tales" for a reason.

If you didn't cross all t's and dot all i's when creating your DR strategy, will they call the BSA on you? If a painter's van partly blocks a handicap space, will they report you to the city? Etc.

Everyone breaks the law to some degree. If this person were your passenger on a commute and they called 911 to report that you were 10 over, would you say "Well that's fair. I understand why they don't side with the criminal.".

Again, my core point is how this article does them no favors.

Re: An employee who exposed Rothenberg Ventures to the SEC

#26
post #16

"That was February 2016. By July, Riordan says, he’d downloaded emails, financial reports, and other records from the network that he says showed the company’s namesake, Chief Executive Officer Mike Rothenberg, was using investor money to fund other projects he owned" That's kind of troubling, depending upon the details. If I hire someone and he starts fishing around on the servers that he has access to, looking to p…

> "If I hire someone to do some server work, I want him to do the job I'm paying for"

Who's the "I" here though, the CEO or the investors? Fundamentally it's their money. Would you also want an employee that turned a blind eye to other employees stealing from the company?

Re: An employee who exposed Rothenberg Ventures to the SEC

#27
post #15

Good for him. That's why we have whistleblower laws in the first place. Most of us have a lot to lose by doing the right thing: damaged job prospects may equate to a large future loss of earnings over your career. Still, history shows plenty of people have paid (and continue to pay) a far higher price than that.

Yup. Whistleblowers are severely disadvantaged.

The Theranos whistleblower has had to endure about 400k in legal fees.

I also recall reading a story about two police officers (can't remember the city) who tried to reveal corruption in their department, only to be vilified by superiors/fellow officers, have their career trajectory torpedoed, and see people who treated them like garbage eventually elevated in various forms of government.

And of course, there's Snowden who basically had to flee the country to reveal his findings, lest he suffer the consequences of prosecutorial abuse of the Espionage Act in the United States.

Re: An employee who exposed Rothenberg Ventures to the SEC

#28
post #16

"That was February 2016. By July, Riordan says, he’d downloaded emails, financial reports, and other records from the network that he says showed the company’s namesake, Chief Executive Officer Mike Rothenberg, was using investor money to fund other projects he owned" That's kind of troubling, depending upon the details. If I hire someone and he starts fishing around on the servers that he has access to, looking to p…

With those ethics, you would be a great soldier.

I'm sorry, what?

Re: An employee who exposed Rothenberg Ventures to the SEC

#29
post #16

"That was February 2016. By July, Riordan says, he’d downloaded emails, financial reports, and other records from the network that he says showed the company’s namesake, Chief Executive Officer Mike Rothenberg, was using investor money to fund other projects he owned" That's kind of troubling, depending upon the details. If I hire someone and he starts fishing around on the servers that he has access to, looking to p…

I'd agree with you if Riordan had e.g. taken to Twitter or vented on a blog post. But he went to the Securities and Exchange Commission (SEC). They have a legal mandate around securities-related whistleblowing [1].

[1] https://www.sec.gov/whistleblower

Re: An employee who exposed Rothenberg Ventures to the SEC

#30

Earlier quoted context omitted.

Just to be clear, in this case your siding with the criminals?

Against the hypocrite isn't at all the same thing, as 'for the criminals'. Its that 'you're with me or against me' thinking that plagues the internet lately.

Where's the hypocrisy?
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