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Daniel Penny Gets Hired by Andreessen Horowitz

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Re: Daniel Penny Gets Hired by Andreessen Horowitz

#11
post #10
post #8

Earlier quoted context omitted.

If the man had experience in investing, then maybe you'd have an argument. As it stands you couldn't tell him from Adam when it comes to investment experience so the only plausible explanation for hiring him is that its political and thus says something about Andreeseen

People get hired for nepotism, for politics, for street smarts, for their smile, for the crease in their trousers, because the guy hiring them had a good morning, or because they're actually good at what they do. You've called this one out as bad. Well, it probably is bad. if I invested through this company I'd be upset. But the thing is, its "hunt for keys under lampost, not because I lost them there, but because it…

A bad hire that creates a lot of PR is a bad PR move, as opposed to all of the other bad hires, but maybe a VC fund doesn't need PR.

Re: Daniel Penny Gets Hired by Andreessen Horowitz

#13

Penny was rightly acquitted. https://nypost.com/2024/11/08/opinion/subway-rider-thanked-d... Subway rider thanked Daniel Penny for saving riders from Jordan Neely — possibly the most important gesture of his life

Lol NY Post, one step above The Inqirer

Re: Daniel Penny Gets Hired by Andreessen Horowitz

#15
post #7

> “He will learn the business of investing and he will work to support our portfolio companies,” wrote Ulevitch in a note sent to all employees this afternoon. By their own admission he isn’t qualified for the job. He’s been hired because of who he is rather than the skills he brings. …wait, I thought A16Z didn’t like that stuff! Is Penny a DEI hire? (in case you were wondering, yes, this thread got flagged to death)

Maybe the job is actually really easy?

Re: Daniel Penny Gets Hired by Andreessen Horowitz

#16

Penny was rightly acquitted. https://nypost.com/2024/11/08/opinion/subway-rider-thanked-d... Subway rider thanked Daniel Penny for saving riders from Jordan Neely — possibly the most important gesture of his life

I think the "normal person of 20 years ago" opinion on this is that he was rightfully acquitted, but it's weird for him to be getting hired by Andreesen Horowitz.

Re: Daniel Penny Gets Hired by Andreessen Horowitz

#17
post #7

> “He will learn the business of investing and he will work to support our portfolio companies,” wrote Ulevitch in a note sent to all employees this afternoon. By their own admission he isn’t qualified for the job. He’s been hired because of who he is rather than the skills he brings. …wait, I thought A16Z didn’t like that stuff! Is Penny a DEI hire? (in case you were wondering, yes, this thread got flagged to death)

Athlete and celebrity in VC or PE are hired because of the money they can attract from others, which is a type qualification, probably the same reason here.

Re: Daniel Penny Gets Hired by Andreessen Horowitz

#20
post #7

> “He will learn the business of investing and he will work to support our portfolio companies,” wrote Ulevitch in a note sent to all employees this afternoon. By their own admission he isn’t qualified for the job. He’s been hired because of who he is rather than the skills he brings. …wait, I thought A16Z didn’t like that stuff! Is Penny a DEI hire? (in case you were wondering, yes, this thread got flagged to death)

Athlete and celebrity in VC or PE are hired because of the money they can attract from others, which is a type qualification, probably the same reason here.

For the athlete side at least I feel like being elite athlete signals that you're very competitive and drive towards excellence. You'll see competitive industries value things like strong chess players. Basically anything that signals obsessive drive.
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