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So A Blogger Walks Into A Bar…

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101–110 of 258 posts

Re: So A Blogger Walks Into A Bar…

#101
post #82
post #65

Earlier quoted context omitted.

Hah, this made me laugh. As if they owe anybody anything! They're the ones taking the risks with their own money; if they want to be better informed through information sharing, more power to them.

"As if they owe anybody anything! They're the ones taking the risks with their own money;" Right. And I'm sure they're all doing it out of the kindness of their hearts. They're definitely not intending to make money off of the deal. Regardless, Arrington accuses them of discussing: * How the group can act together to keep traditional venture capitalists out of deals entirely * How the group can act together to keep o…

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Re: So A Blogger Walks Into A Bar…

#103
post #90

Earlier quoted context omitted.

In Arrington's defense his claims are laid out clearly without any weasel words. Either this is happening or it isn't. So while I'm pretty meh about TC as a whole, I'm giving him the benefit of the doubt on this one.

He didn't name a single name. If he really believed this was so certain, he could have. Unless he's trying to make them do something, the only reason to keep names out of it is because he thinks this might be libel.

He doesn't need to expose himself to lawsuits by naming names. The names are pretty obvious to anyone in the field.

Re: So A Blogger Walks Into A Bar…

#104
post #91

Earlier quoted context omitted.

Arrington is smart, a lawyer himself, and already know he is headed straight to the witness stand. Thanks for blowing this whistle Mike. That's the TC we like.

I don't know if witnessing a table full of people go silent when he turns up proves anything, and the rest is all info that would put his source on the stand, not him.

If you read the full post, take in account that he was present and saw who was there, and assume he has not chosen to reveal everything about the sources through TC at this time (that's highly understandable - protecting his sources and only disclosing what he feels is verifiable), there is definitely a lot here and absolutely enough for a climb to the witness stand!

Re: So A Blogger Walks Into A Bar…

#105
post #50

There's a quote I can't quite remember. Goes something like: "When merchants meet to discuss business, the public is rarely the beneficiary".

Was it the Adam Smith quote "People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public." Why do I know that off the top of my head? Civ IV... who says games can't be educational?

In unrelated news, I am waiting for Civilization 104:

Civ CIV

Re: So A Blogger Walks Into A Bar…

#106

Props to Arrington for the post. He definitely has integrity, and knows how to write an interesting post.

he also leaves just enough to the imagination. sure, everyone is assuming the top 3-4 usual suspects, but it was a room full of people -- wondering who were 8,9,10

Mike tends to push posts out as he develops the story (eg. the Scamville saga) so expect this to be the first of many posts.

When he picks up a story like this, watch out - Scamville didn't end until Offerpal lost their CEO, Zynga apologized and Facebook changed their policies.

Re: So A Blogger Walks Into A Bar…

#109
post #30

Earlier quoted context omitted.

I wouldn't take anything he says seriously. [Edit: If it wasn't clear, I meant Arrington, not Jesse]

Strange how any post that could be construed as being negative about Arrington gets down-modded by about 5 points, regular as clockwork. That being said, I think he's on the money with this one. This can only be good for YC overall. The suspicion that YC alternatives are all colluding against your startup is likely to make YC seem more attractive still, to the class of startup that would be wavering between YC and a…

Super angels aren't really an alternative to YC... they normally step in at the stage a company is at where YC normally ends.

Re: So A Blogger Walks Into A Bar…

#110
post #53

Earlier quoted context omitted.

If they create a single super angel corporation then they could run afoul of anti-monopoly laws.

What? No they don't. There's no such thing as a "monopoly of angel investors". There are as many angel investors as there are people with extra money to invest. In a lot of cases already, groups of powerful people with extra money to invest have already formed very famous companies to do exactly what we're talking about! Shouldn't the DoJ be going after Kleiner and Sequoia first? Don't hundreds of doctors and dentist…

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