Earlier quoted context omitted.
First thing that came to mind: Theranos and Elizabeth Holmes. Read the Carreyrou book, I recommend it.
What are you talking about, all of Silicon Valley saw the red flags and passed on investing. It’s the old school, non-tech East Coast investors and DC political connections that failed to do their diligence.
Gravity Payments CEO Dan Price resigns
61–70 of 177 posts
Re: Gravity Payments CEO Dan Price resigns
#62Earlier quoted context omitted.
There has been plenty of those accusations like waterboarding his ex-wife and usually no smoke without a fire is pretty good thumb-rule about these things.
> usually no smoke without a fire is pretty good thumb-rule about these things No, that's exactly the reason why trial by Twitter shouldn't be done, you don't know what actually happened.
This is actual human beings approaching legitimate newspapers with fact checking departments and legal departments and risks of defamation lawsuits, providing their stories and attaching their names to it.
Everyone of the entities involved are at risk of being sued for defamation if they are lying in this situation. The fact that people can’t tell the difference between Twitter BS and actual news claims is a true indictment of modern society.
Re: Gravity Payments CEO Dan Price resigns
#63Earlier quoted context omitted.
Tl;DR He appears to have a track record of abusing women.
Quoted post unavailable.
Victims are often frightened enough to not come forward. The kind of trial by social media in which you're now engaged is all part of that. Why allege anything when you'll be accused of making it up, being a slut, having your life history raked through by trolls online...
"Hunted by his money" ffs. "Without more data". Have some empathy.
Also note that he is NOT "being sued for sweet money" but criminally charged by a prosecutor. They don't do that unless they have strong evidence and there's no compensation to victims in a criminal trial.
Re: Gravity Payments CEO Dan Price resigns
#64“The one moral CEO in America.” That's up there with Ken Lay's proclamation that Enron set the bar for corporate ethics (I can't find the exact quote, and obviously before the collapse). 'The louder he talked of his honor, the faster we counted our spoons.' -- Ralph Waldo Emerson. Anyhoo, I have no actual idea if the accusations against Price are founded or not. That's for the courts to decide. I'm not into the whole…
There has been plenty of those accusations like waterboarding his ex-wife and usually no smoke without a fire is pretty good thumb-rule about these things.
Many accusation are also very nebulous, hard to verify and avoiding anything concrete that could get the person making them get sued for defamation.
Of course, he also could just be an asshole and abuser. We simply can't know.
Re: Gravity Payments CEO Dan Price resigns
#65I hate these stories, because we have no idea which side is true. The reckless drive is the only charge than can be proven, or at least have vitnesses. Criminal charges really should be kept out of the media until there’s enough evidence to jail the suspect. This is to protect both sides.
Re: Gravity Payments CEO Dan Price resigns
#66“The one moral CEO in America.” That's up there with Ken Lay's proclamation that Enron set the bar for corporate ethics (I can't find the exact quote, and obviously before the collapse). 'The louder he talked of his honor, the faster we counted our spoons.' -- Ralph Waldo Emerson. Anyhoo, I have no actual idea if the accusations against Price are founded or not. That's for the courts to decide. I'm not into the whole…
Re: Gravity Payments CEO Dan Price resigns
#67“The one moral CEO in America.” That's up there with Ken Lay's proclamation that Enron set the bar for corporate ethics (I can't find the exact quote, and obviously before the collapse). 'The louder he talked of his honor, the faster we counted our spoons.' -- Ralph Waldo Emerson. Anyhoo, I have no actual idea if the accusations against Price are founded or not. That's for the courts to decide. I'm not into the whole…
Re: Gravity Payments CEO Dan Price resigns
#68“The one moral CEO in America.” That's up there with Ken Lay's proclamation that Enron set the bar for corporate ethics (I can't find the exact quote, and obviously before the collapse). 'The louder he talked of his honor, the faster we counted our spoons.' -- Ralph Waldo Emerson. Anyhoo, I have no actual idea if the accusations against Price are founded or not. That's for the courts to decide. I'm not into the whole…
Also, $70K is absolutely terrible in Seattle. I don't know why everyone applauded. He was massively underpaying most employees before and still did after.
Not everyone gets paid software developer salaries.
Re: Gravity Payments CEO Dan Price resigns
#69“The one moral CEO in America.” That's up there with Ken Lay's proclamation that Enron set the bar for corporate ethics (I can't find the exact quote, and obviously before the collapse). 'The louder he talked of his honor, the faster we counted our spoons.' -- Ralph Waldo Emerson. Anyhoo, I have no actual idea if the accusations against Price are founded or not. That's for the courts to decide. I'm not into the whole…
Multiple credible accusations, corroborated by contemporaneous accounts, collated by a reputable journalist is definitely enough to call the accusations founded.
Not enough to send people with guns to take away his freedom, maybe, but enough to form an opinion. Otherwise, are we supposed to involve the legal system in every assessment we make of anyone?
Re: Gravity Payments CEO Dan Price resigns
#70Earlier quoted context omitted.
First thing that came to mind: Theranos and Elizabeth Holmes. Read the Carreyrou book, I recommend it.
What are you talking about, all of Silicon Valley saw the red flags and passed on investing. It’s the old school, non-tech East Coast investors and DC political connections that failed to do their diligence.
It is hilarious that you think there is some magic skill to tech investing that makes these people less crudulous.
https://www.crunchbase.com/search/principal.investors/field/...