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Watch a VC use my name to sell a con

jwz.org

21–30 of 313 posts

Re: Watch a VC use my name to sell a con

#22
post #12

I hope this signals the end of folks walking on egg shells around Arrington. He's no longer a "newsman". He's no longer going to make or break every startup that ends up on AOLCrunch. He's just an investor hoping for deal flow. An investor who's proven he's probably not the guy you'd want to work with, probably not the guy you'd want to partner with, probably not the guy who will ever be on anyone's side but his own.…

jwz would have said this a year ago or three years ago. Timing has nothing to do with it, I think.

Re: Watch a VC use my name to sell a con

#23
post #13

I find that I really connect with about 1 in 4 of jwz's rants. It is a general rule that anytime there is someone above you in the hierarchy, they are going to make $2 for every $1.50 you make. Of COURSE the VC's will make more money than you. And the people who put the actual money into the funds should make even more than THEM. The startup world, and economy in general has changed dramatically from the last time jw…

"I don't think that I'd advise many people to do a 30 year career of crazy startups"

And that's at least what _I_ took away from jwz's rant - doing it to get rich is a mug's game, choose to do "crazy startup" type things because you love doing it. You may get rich, you may not - truth is most of us can't tell from the inside whether we're "improving our chances" or not by slogging through as something we hate, it's ~90% likely to fail anyway. In the long run your chances of "happiness" are probably significantly improved by doing what you love now (instead of what you think might be outrageously lucrative).

Re: Watch a VC use my name to sell a con

#26
wait, does jwz really expect us to believe that he doesn't know who arrington is? I mean, the techcrunch conference afterparty two years ago was at his night club .. and I am pretty sure i saw both of them there.

Re: Watch a VC use my name to sell a con

#27
post #12

I hope this signals the end of folks walking on egg shells around Arrington. He's no longer a "newsman". He's no longer going to make or break every startup that ends up on AOLCrunch. He's just an investor hoping for deal flow. An investor who's proven he's probably not the guy you'd want to work with, probably not the guy you'd want to partner with, probably not the guy who will ever be on anyone's side but his own.…

jwz would have said this a year ago or three years ago. Timing has nothing to do with it, I think.

[deleted]

Re: Watch a VC use my name to sell a con

#28
post #12

I hope this signals the end of folks walking on egg shells around Arrington. He's no longer a "newsman". He's no longer going to make or break every startup that ends up on AOLCrunch. He's just an investor hoping for deal flow. An investor who's proven he's probably not the guy you'd want to work with, probably not the guy you'd want to partner with, probably not the guy who will ever be on anyone's side but his own.…

I don't think he was ever able to "make or break" a startup.

Re: Watch a VC use my name to sell a con

#29
post #13

I find that I really connect with about 1 in 4 of jwz's rants. It is a general rule that anytime there is someone above you in the hierarchy, they are going to make $2 for every $1.50 you make. Of COURSE the VC's will make more money than you. And the people who put the actual money into the funds should make even more than THEM. The startup world, and economy in general has changed dramatically from the last time jw…

[deleted]

Re: Watch a VC use my name to sell a con

#30
post #13

I find that I really connect with about 1 in 4 of jwz's rants. It is a general rule that anytime there is someone above you in the hierarchy, they are going to make $2 for every $1.50 you make. Of COURSE the VC's will make more money than you. And the people who put the actual money into the funds should make even more than THEM. The startup world, and economy in general has changed dramatically from the last time jw…

First thing, Michael Arrington does not understand one thing about software engineering. I have slogged for 4 years in a startup for very little equity and I know for a fact that, sleeping in office and not taking shower for days - does not mean somehow you are creating more. For a lot of us, we had little social life outside office and staying in office meant, staying somewhere I belonged. Glued to computer screen, does not mean - I was creating more, I was probably just fixing mistakes that wouldn't have been made, if clarity of thought would have been applied.Heck to be entirely honest, sometimes I would spend entire night on #ruby-lang, adding little to actual product.

Michael Arrington, picks something jwz wrote in 1994 as an argument for - that is the only way to build software. Michael Arrington has not build anything himself. At best, he has an outsider perspective at least about actual act of writing code.

And if you read between the lines, jwz burned out pretty fast, so much so that - he no longer makes software, now as VC you choose whether you want to invest in a company whose founders burn out and leave the mess or you will invest in a company which is here for long term.

Here is the bottom line though - you will probably still work hard (occasionally), but not because Michael Arrington told you so, not because EA bosses are ready with a whip and probably because you love doing what you do and that is entirely different thing altogether.

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