Developers In Denial: The Seesmic Case Study
techcrunch.com
techcrunch.com
http://techcrunch.com/2010/04/10/developers-in-denial-the-se...
Seriously. Is this normal for investors to be a major dick like Arrington?
"Oh you made a prediction and it was wrong. IN YOUR FACE! haha!"
What the hell?
Not pandering has it's drawbacks ~ http://paulgraham.com/discover.html
He is an investor of Seesmic. He is also the founder of TC. He used TC to promote Seesmic. Seesmic founder made some predictions which didn't come true (like millions of other people who makes predictions that doesn't come true).
A rational, reasonable, sane investor would chalk it out as an investment not working out the way they hoped for. But MA has to single him out, of all the people who were wrong, in public and ridicule him.
After this and crunchpad incident, why would any reasonable person would want to do business with this unstable individual? You have to be extremely desperate or stupid to do business with him.
IMO YMMV.
ps. You can chalk out my reaction towards him as not pandering to TC and everything Arrington like most of HN.
On TechCrunch, he plays the role of journalist and I think he did the right thing by pointing out that some developers are in denial.
As a writer for TechCrunch, unless Arrington promised "favorable" treatment to Seesmic, I see absolutely nothing wrong in him criticizing Seesmic based on publicly available information.
If Seesmic didn't want to be criticized on TC, they should have made that a pre-condition for funding (and I'm sure Arrington wouldn't have contributed to funding the company)
He is also an investor.
If Arrington truly saw it coming, as he implies that any rational person would have, wouldn't he have had a chat with the founder of a company he invested in letting him know he should prepare for this?
"As long as we keep moving and innovating and both partners treat each other in a fair way, I think we will all be safe, the hole is big enough and there are many other holes."
Now that everyone can see it coming even if they're not Arrington .... the solution is to be agile and build other things on top of their platform.
And "seeing it coming" or not, the Twitter client seems like its working much better for Seesmic than the video comments idea ever did. I think they should just keep plugging away, doing things that Twitter won't do (such as running a ping.fm-like service).