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Daniel Penny Gets Hired by Andreessen Horowitz

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Re: Daniel Penny Gets Hired by Andreessen Horowitz

#5
He wasn't in law enforcement, or a statutory role. He's a former marine.

I think this is a non-story. I don't like A16Z but this specific hire has nothing to do with it, and I see no causal trend here or reason to say anything about Andreessen from this hire.

I had an uncle who was a lower court Judge in the UK, who would hire ex-cons to work on his pigfarm. Cynics would say he wanted a cheap source of labour but the truth is (I am convinced) he saw the need for post-Jail employment, and that condemning prisoners to a life without work income was stupid and hurtful. I think also working with animals has been shown to be net beneficial to incarcerated people.

This guy did a stupid thing. I get that. It had lethal consequence. I get that too. I don't think this hire is evidence of any nefarious quality. If anything, it will cost them money.

(I would never for for Trump, and I think A16Z has bad effect on ICT investment)

Re: Daniel Penny Gets Hired by Andreessen Horowitz

#6
post #5

He wasn't in law enforcement, or a statutory role. He's a former marine. I think this is a non-story. I don't like A16Z but this specific hire has nothing to do with it, and I see no causal trend here or reason to say anything about Andreessen from this hire. I had an uncle who was a lower court Judge in the UK, who would hire ex-cons to work on his pigfarm. Cynics would say he wanted a cheap source of labour but the…

[dead]

Re: Daniel Penny Gets Hired by Andreessen Horowitz

#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)

Re: Daniel Penny Gets Hired by Andreessen Horowitz

#8
post #5

He wasn't in law enforcement, or a statutory role. He's a former marine. I think this is a non-story. I don't like A16Z but this specific hire has nothing to do with it, and I see no causal trend here or reason to say anything about Andreessen from this hire. I had an uncle who was a lower court Judge in the UK, who would hire ex-cons to work on his pigfarm. Cynics would say he wanted a cheap source of labour but the…

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

Re: Daniel Penny Gets Hired by Andreessen Horowitz

#9
post #5

He wasn't in law enforcement, or a statutory role. He's a former marine. I think this is a non-story. I don't like A16Z but this specific hire has nothing to do with it, and I see no causal trend here or reason to say anything about Andreessen from this hire. I had an uncle who was a lower court Judge in the UK, who would hire ex-cons to work on his pigfarm. Cynics would say he wanted a cheap source of labour but the…

It won't cost them money. This is marketing "we are your people" to the American Dynamism segment.

Re: Daniel Penny Gets Hired by Andreessen Horowitz

#10
post #8
post #5

He wasn't in law enforcement, or a statutory role. He's a former marine. I think this is a non-story. I don't like A16Z but this specific hire has nothing to do with it, and I see no causal trend here or reason to say anything about Andreessen from this hire. I had an uncle who was a lower court Judge in the UK, who would hire ex-cons to work on his pigfarm. Cynics would say he wanted a cheap source of labour but the…

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's lit up" bad: You know this hire does not make much sense. The other hires, you are letting through because (I believe) you implicitly assume they can learn to do the job, all other bad reasons for hire not withstanding. Why can't he learn them too?

He can take instructions and work, and is physically robust. He survived in a harsh environment (or two). There are admirable qualities which imply he is educable and strong emotionally and phyisically. I wouldn't have hired him or the nepo baby. I wouldn't have put my money into this mobs hands. I didn't. If my superannuation fund did, I hope it returns at least at market norms.

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