Pando goes to, and is escorted out of, Y Combinator demo day
pando.com
pando.com
As to why they didn't get a press pass, who knows. But they've been extremely negative toward YC companies in the past. YC isn't running a White House press conference; they're running an event with the unabashed goal of helping their companies succeed. You wouldn't invite your bitter ex to your wedding.
As for why TC writes so much about YC companies: I know a bunch of YC companies that didn't get a TC write-up, and I know some that had negative writeups. Like it or not for Pando (or anyone else), it's mutually exclusive: the launch of a YC company is news, and launching on TC is a Silicon Valley rite of passage. TechCrunch wants YC startups, YC startups want TechCrunch.
(On a more personal note, being a founder is really fucking hard. It's the hardest thing I've ever done. YC is the only organization in the valley I've ever felt had my back 100%, and truly had my best interests in heart. VCs and press may complain about Demo Day, but who cares: YC makes decisions based on what's best for its companies, not the press or VCs. I can't thank YC enough for everything they did to protect, help and nurture us as an early-stage company.)
Here we have...a site with a paywall COMPLAINING about access to information.
This "journalist" hoped to skate in and get something worth "$10 a month" to write about. After failing, he scrambled, spinning a conspiracy and making himself the story.
Even if they don't have the readership to support this it isn't a criticism of it as a journalistic endeavor or business, but I'm just wondering if this warrants such a complaint.
[0] Not that it's always immoral for journalists to trespass. Clearly they play a special role in society and sometimes this might involve going to places they weren't invited. However to me this crosses the line because there is no public interest angle. Everything in the article could have been read about in (or extrapolated from) articles written by the invited journalists.
Pando is within their rights to attempt to attend a day meant to promote startups, and YC is within their rights to escort them out.
There's nothing "immoral" going on here. Way, way over the top.
Does pando have a reputation for being disruptive?
Is y combinator demo day invite only?
I ask because I don't know.
The closest I got to an on-the-record comment confirming that
press access was based on favor, not fire code, was when a YC
registration official rejected my request for a badge, for
the final time: “It’s an invite-only event for investors, and
only a few select press are invited.”The writer does nothing but note that no investors or women are in sight. What you choose to read into that is your own business.
Besides, if this is the standard of investigative journalism ("waaah, I couldn't get in! let's cast aspersions!"), I think that any group would be in the right to reject the author on journalistic merit.
And now you know who Pando is, mission accomplished. They just want to join in riding the demo day media wave, but were denied access to actually write about the demos.
I too have noticed that TechCrunch will publish anything with YC's name on it - even from the outside, you can tell that the two parties have a really curious direct relationship. Despite this odd arrangement, TechCrunch writers still do not disclose it on their individual profiles (even though they may go as far as disclosing who they are dating and what loose connection that personal relationship might have to their excuse of "reporting"). By having a strong hold on TC, Ycombinator can distort the public opinion around it even if it has wronged someone.
Journalism should be free-thinking and not just morph into whatever opinion YC likes best and that suits them. I wonder how many journalists Ycombinator has strong armed into publishing stuff they like by denying them access to demo day or "exclusives" on their companies.
It also frustrates me because I have friends who aren't in YC but constantly grinding it out and working on their startups - how come they can't easily get on TC as well? How many real, actual stories have we missed out on just because a new YC company is entering the scene and feels compelled to occupy the very self-entitled YC showcase that is TechCrunch?
The media markets and develops a consumer base, and then sells or exercises its influence over those consumers to its customers. You generally think of this as just advertising mixed in with the medium, but most articles are specifically placed. Other articles are just fluff to reinforce the marketing identity.
Institutions that stick to authentic journalism can not compete against those supporting capital interests, and most consumers can not tell the difference.
I am just really curious how the cash or influence flows. Does a YC partner have a majority or significant investment in TC? Do you just pay flat out for coverage? Do high ranking journalists, editors, or partners at TC have capital interests strongly connected to YC?
I'm going to detach this subthread (from https://news.ycombinator.com/item?id=10090025) now and mark it off topic.