My advice to everybody is keep meticulous notes and records of your interactions with others, regardless of gender. This is important to expose abuse and to expose lies.
I am a gay man who has raised money, and networked with various gay VCs. I’ve never seen this kind of behavior from them personally.
https://www.youtube.com/watch?v=jmaRTZpJgPA
https://en.wikipedia.org/wiki/Digital_Entertainment_Network
Isn't that guy still running the Bitcoin Foundation?
https://arstechnica.com/business/2014/05/some-in-bitcoin-gro...
He has a history of doing business with other creepy people, too.
http://www.motherjones.com/politics/2016/09/stephen-bannon-w...
https://www.wired.com/2016/09/trumps-campaign-ceos-little-kn...
https://www.wired.com/2008/11/ff-ige/
https://www.facebook.com/photo.php?fbid=10155736654012782&se...
If you didnt believe in #PG prior, DEN's documentary; an open secret may just change your mind...
"In the months ahead, IGE hired more adults, a slew of VPs with decades of industry experience among them. The company also brought on a former Goldman Sachs investment banker named Stephen Bannon, whose mission was to land venture capital."
https://www.youtube.com/watch?v=jmaRTZpJgPA
https://youtu.be/4eeGX4SlF1s?t=1h8m8s
I only learned about about Steve Bannon's connection to Brock Pierce (who recently posted a Facebook photo of himself wearing a red "MAKE BITCOIN GREAT AGAIN" trucker's cap at Trump's Inaugural Lounge) when Mother Jones and Wired covered it during the last election. It looks like the "First Kid" is trying to work his way back into the White House.
https://www.facebook.com/photo.php?fbid=10155736654012782&se...
https://www.youtube.com/watch?v=_t7ubr0jBII
Here's a fascinating article I just found about how SAG AFTRA tried to censor and suppress "An Open Secret":
http://deadline.com/2015/06/sag-aftra-threatening-sue-an-ope...
And here's a a map of the rabbit warren: a timeline of the scandals that started at DEN, including Brock's attempts to whitewash his past and ongoing lawsuits around his online gold trading company IGE, which Steve Bannon was involved with, up to his election to the board of the Bitcoin Foundation and the resulting resignations:
DEN Sources: A document-in-progress compiling firsthand reporting on DEN, Bitcoin, Brock Pierce and the Mike Egan / Bryan Singer lawsuit
https://medium.com/@cuttlefish_btc/den-sources-af289efd690b
What do you mean by "If you didnt believe in #PG prior"?
The scary thing is that btc is likely the traffickers currency of choice these days. How traceable are btc transactions wrt what types of goods or services are supposedly purchased with btc?
I think most of the resistance to this idea comes from people who've used Silk Road clones, most of which force you to mix your coins. But as bitcoin becomes more valuable and ransomware more prevalent, the argument that silk road is ethical and should therefore be able to function becomes less and less persuasive.
Blacklisting the coins would be easy: Exchanges simply close your account if you receive a large number of BTC that have been tumbled. It's easy to identify the coins and to easy to close the accounts while refunding the coins.
The other key thing is that Bitcoin fails open: if anyone anywhere ever makes a mistake or is subverted the blockchain is a public record of every transaction which is hard to deny and can never be purged. I'm not sure anyone has the operational competency to make assurances in that environment.
---
Seems like the future will be full of black-market banks and money laundering (as opposed to how its always been ;-) #PanamaPapers)
Is this the most difficultt financial problem: We don't want government watching every single move we make, yet we dont want criminals to be able to easily hide all their nefarious actions...
Where is the correct balance?
We have those who are supposedly the beacons of the tech future now being revealed as just as bad as others...
Faith in humanity is being assaulted a fair bit more than it had been in the last few decades...
https://www.buzzfeed.com/adambvary/an-open-secret-hollywood-...
I don't get why you were downvoted. The documentary "An Open Secret" is quite accurate and confirms everything I ever heard about DEN, provides a whole lot of background information and first person interviews, and is consistent with the information in the lawsuits that Brock Pierce tried to cover up and suppress. The video tape that the kid they molested took of Rector's house with all the pills, the gun safe, and photocopies he made of all the documents, the email with discussions and photos of kids Pierce and Rector were grooming, and the audio tape of the confession about molesting the kid, were all very chilling and quit convincing. This is no "Pizzagate" conspiracy theory: it really happened and is very well documented by many consistent sources.
Oh yeah: I guess the Bannon links are worth repeating in this context too, because it's one of the most mind blowing parts of this whole story, now that he's running the country into the ground.
Here are the links about Steve Bannon (Wired published an article in 2008 before Steve Bannon was widely known as the real President of the United States who dresses as Death, then in 2016 Mother Jones pointed out the old Wired article, and then Wired published another article mentioning it):
https://www.youtube.com/watch?v=pZOF9q5fzfs
https://www.wired.com/2008/11/ff-ige/
http://www.motherjones.com/politics/2016/09/stephen-bannon-w...
https://www.wired.com/2016/09/trumps-campaign-ceos-little-kn...
Oh yeah #2: thanks to Richard Bartle and Wired, here is the the original Debonneville lawsuit complaint and the amended complaint that Brock Pierce illegitimately and unsuccessfully tried to suppress, which documents in great detail the lurid story of DEN, IGE, the Debonneville lawsuit, "Pierce's Great Cover Up", and discusses Steve Bannon's involvement.
http://privatewww.essex.ac.uk/~rabartle/debonnevillecomplain...
http://www.youhaventlived.com/qblog/2008/QBlog220208A.html
"Bullies with money are still bullies."
https://www.wired.com/wp-content/uploads/archive/images/arti...
30. Steve Bannon ("Bannon") was hired around March 2005 to head the effort of obtaining private equity investment into IGE and eventually take IGE public. All the shareholders wished to cash out on their respective equity in the wildly successful business. From March 2005 to February 2006, Bannon and Pierce's primary focus was on raising investment money for the company. Upon information and belief, during June and July of 2005, Pierce determined that, based on IGE's incredible success, IGE would be valued in the hundreds of millions of dollars. Upon information and belief, Pierce wanted more stock for his own account. Upon information and belief, Pierce developed a scheme whereby he could pressure Yantis into selling his shares of the company for a value far lower than what Pierce believe the stock would be valued once an investment into the company was achieved.
51. In late January of 2006 and throughout February of 2006, Pierce advised Debonneville that Rector was blackmailing Pierce. Pierce stated that Rector was threatening to involve IGE in litigation which would severely cripple the likelihood of closing the GS [Goldman Sachs] investment. Further, Rector was threatening protracted litigation that would harm IGE and kill any future investment potential. It is believed that this was a false statement made by Pierce in January 2006.
That's going to be the rather depressing and sad reality of the shakeout of this.
Why? There's a really simple procedure that can solve these problems:
Don't hit on, feel-up, or try to have sex with people you're in a professional business relationship with. That goes double for people you hold power over (managers to employees, VCs to Founders, etc).
If you're really truly worried about false accusations then here's another fix you can have for free: record your meetings, texts, emails, and calls with founders and/or don't meet alone.
I expect smart VCs that are interested in making money (as opposed to lording it over others or using their position to get sex) will continue to take lots of meetings with women.
It's not so easy. Bullshit accusations leaking on Twitter will be halfway to destroying your career before you even dig up the original recordings, and I doubt anyone will want to listen to your case anyway (if anything, they'll comb over your recordings with a tootbrush to prove you were guilty of this, and a bunch of other things). I too expect VCs to be less willing to expose themselves to such danger.
> I expect smart VCs that are interested in making money ... will continue to take lots of meetings with women.
OK, so ON NET what do you expect to happen? Lets say I agree and the smart ones take the meetings, what about the dumb ones? Or the average ones? What is the net result of all those different levels of VCs? Less or more meetings for women?
Again, "You don't have to agree with a course of action to accept the reality that certain things will happen".
Well, there are two problems with that.
1 - It puts the burden of proof on the accused. I.E. it totally throws out of the window what has become a de facto human right and an universally established legal one in every democracy: "Innocent until proven guilty", into a: "Guilty until you can shows us some footage that proves you are not guilty" (which let's face it, it's basically impossible if the accuser is lying on purpose and knows how to do things).
2 - In America I think you are free to record other people interacting with you or in your office/home (perhaps some American can clarify this), but in many other countries, specially in most of EU, that's a crime. You can't go around recording people unless they are of public interest and in a public situation or they expressly consent to it.
(Law enforcement is exempt from this restriction, of course).
As for burden of proof, I don't see it. It's like saying that asking people to lock their houses is a burden, when thieves are the criminals.
If you are a VC having a meeting with a founder, arrange for for more than 2 people to be there, such as a co-VC, a co-founder, a secretary, or whoever. Are business meetings with 3 people suddenly a human rights violation?
This is surely the poorest analogy I've ever read in my all life, comparing a burglar trying to enter your house with someone falsely accusing you of something.
What about the burden of proof you don't see if you go casually dressed to shop in some fancy shop and they falsely accuse you of trying to shoplift and you - oh bummer - didn't record everything?
You also don't see any burden of proof on you if you go to some corrupt country and the police falsely stops you for speeding and you didn't record your all trip after the moment you got there (though luck, if you didn't record everything is because you surely did something wrong)? You don't see that burden of proof on you, right?
You simply expose your naivete.
http://www.dmlp.org/legal-guide/california-recording-law
Any recordings done without the approval of the other party are illegal (opening you up to legal actions) and are completely inadmissible in court.
If I'm a VC and I've scheduled a meeting at my office it is as simple as letting the party I'm meeting with know that I had planned on recording for my archives.
Nothing unusual or sketchy about the request, especially in a business setting.
Or are you saying these will be seen as false accusations and thus it'll scare off VCs who aren't run by mysogynist pieces of sh-t?
Because I'm not sure what the alternative is. If a VC is not in the habit of harassing women, they have nothing to fear. In fact, it'll give them an opportunity to court talented entrepreneurs driven away from the immoral part of the VC spectrum.
The people who actually do this shit are scumbags, but there's plenty who will take advantage of this when things don't go their way, and reputation damage is worse than physical for a lot of people.
Ahh--if only this were ever true.
Are you saying they're false accusations?
Rape and sexual assault (of women) is seen as one of the worst possible crimes[0] a man can commit in most Western societies[1]. These crimes are so heinous that even accusations are enough to destroy someone's career and social status, even if the accusations are dropped or proven false.
This is further complicated by these crimes generally being very difficult to prove without recorded evidence and eyewitnesses, creating a dilemma of either treating the accusation as fact (foregoing "innocent until proven guilty") or risking that a criminal can avoid consequences and may go on to repeat his crime. The media often favors the former, people close to the accused often prefer the latter, although even a disproven allegation can sow permanent doubt.
There aren't many crimes a VC could be falsely accused of that have the possibility of such dire consequences and such a low burden of proof.
[0]: The only crime I can think of that society treats as worse than sexual abuse of women is sexual abuse of children.
[1]: This isn't about the relative severity of legal punishments, or in any way a judgement on what crime is "less bad" than another, just how people (and the media) generally react to people being charged with these crimes.
It is so damaging for the women involved (career, socially, and withstanding the barrage of slander, misogyny and distrust that they always seem to face) that it is very hard to step up and simply tell the truth, and you are part of the problem here, with your needless insinuations about false accusations and talk of a low burden of proof.
For all of the VCs described in this story - this was a pattern, corroborated by independent sources, and with details in writing. There is in fact a very high burden of proof before anyone even gets blasted in the mainstream media, let alone fired.
It's true that society is ridiculously "tolerant" of gross misconduct of some people more than others but there are enough examples of lives being ruined by false allegations to validate my original point.
As a sibling comment pointed out, Trump was elected despite his "locker room talk" and multiple women alleging sexual abuse (plus the actual chauvinism he has displayed on numerous occasions). However I would wager that similar allegations would be far more damaging if leveled against someone like Sanders.
There's also the effect that successive allegations sometimes even reduce the credibility of the allegations because of suspected bandwagoning ("Oh, she just wants some of that attention to make herself interesting").
Humans are fickle and irrational, especially when in a group. Individuals tend to be treated differently but this tends to be more about social status than gender itself.
Of course there are false accusations out there. It's not the majority of them or even a significant number. But it's not zero.
[0]http://www.washingtonexaminer.com/report-1-in-5-campus-rape-...
I would strongly advise against discriminating against people based on their sex in the course of your business dealings.
My prediction isn't what SHOULD happen, but what I think WILL happen. My personal opinion on what is morally right? As I'm not a VC, utterly unimportant and redundant.
While looking up the relevant law, I looked through the Civil Rights Act of 1964 which prohibits employment discrimination on the basis of sex and various other things, and discovered that there is an explicit exception written in to the law for members of the Communist Party. So you can totally discriminate against any commies who might try to work for you. Not really relevant here, but so weird I just had to share.
I wonder if it was just a "safeguard" against members of CPUSA claiming their membership was a religious affiliation.
http://lawdigitalcommons.bc.edu/cgi/viewcontent.cgi?article=...
It sounds like it was an amendment introduced by a confused lawmaker who wanted to make sure the law wouldn't stop companies from firing Communists. The amendment was then accepted on the basis that it didn't make any difference (since as you note party affiliation isn't protected in the first place), so it wouldn't do any harm to include it.
If you cannot understand how _stupidly easy_ it is to have a completely non-sexual, non-harassing conversation with a member of the opposite sex, you most definitely should read up on some stuff. I mean this in the most non-snarky way possible.
Wouldn't it be nice if half the population weren't completely turned off by the idea of talking to anyone in tech?
I don't socialise with work mates outside of work events either, lines get crossed when you do in a alcohol orientated culture like mine.
It's worked fine for me for 19 years employed.
Had one female former colleague assume I was gay because I never hit on her (and she was attractive).
Nope, just not interested in bollocking up a good work environment, it was interesting to watch the dynamic though.
My simple rules for work.
Treat everyone equally, small stuff matters, I went out for coffee and went and asked the cleaner if he wanted one, he looked surprised.
Don't gossip ever, just don't. Leave the conversation if someone else starts.
Be on time, meet deadlines, let boss know as soon as you know you won't.
Be professional, you might know a customer for years but they are still Mr Smith until they say 'call me Bob'.
When a boss makes what you think is a poor decision (business reasons, moral reasons etc) get it in writing.
Always send a recap email after meetings, misunderstandings cost less the earlier you catch them (much like bugs).
Its not foolproof by any stretch, but it's excellent risk management on multiple fronts.
It's really not that difficult to maintain a professional attitude, it's a skill like any other it's just the modern workplace isn't always conducive to it, frankly I'd prefer a more formal workplace than informal all things been equal.
I would suggest than anyone who does get into such meetings simply demand the presence of multiple persons. This isn't a buddy lending money to another.
Scenario with a female founder: "Listen, I want to meet you but as we have an at least one woman present policy for any meetings with female founders, adn all the female partners are booked for the next week, I'm afraid I can't meet you".
Vs with a male: "Hells yes I'd love to catch up for coffee, I love your idea. Unfortunately, it will just be me as everyone else is busy".
When you add a price to a subset of players but not others, that subset suffers worse results see: http://freakonomics.com/2009/03/10/the-price-of-disability-l...
> One example was the Americans With Disabilities Act, and we told the story of a Los Angeles orthopedic surgeon named Andrew Brooks. When a deaf patient came to him for a consultation, he realized that the A.D.A. required him to hire a sign-language interpreter for each visit if that’s what the patient wanted. The interpreter would cost $120 an hour, with a two-hour minimum, and Brooks wouldn’t be reimbursed by the insurance company:
> That would mean laying out $240 to conduct an exam for which the woman’s insurance company would pay him $58 — a loss of more than $180 even before accounting for taxes and overhead.