Earlier quoted context omitted.
I think a lot of people find it comforting. Internet forums admittedly attract bullies in the form of trolls, astroturfers and people who are just plain mean. I agree in principle with a moderation system, but to have a secret moderation system, with no transparency and no recourse is susceptible to corruption and abuse, like any secret system is. At any rate, those who find it comforting that 'big brother' is keepin…
You could think it might be different in a community promoting startups and out of the box thinking ...
And that's a fine and noble pursuit, however, the market place is not delicate academic utopia, and so one has to wonder how these very bright, but often impractical people, whose genius has been nurtured, pampered and flattered are going to deal with the realities of the market place and the end consumers of their 'product'.
Enter the Y-combinator business model, where for a mere 51% of your company, the harsh realities of business will be taken care of by our team of take-no-prisoners business warriors, leaving you, delicate genius, to be nurtured and cultivated to your fullest potential.
And again, I have no problem with that, I just have a problem with undemocratic secret societies that wield power from the shadows. They are prone to corruption and calcification.