Want to Do Business in Silicon Valley? Better Act Nice
nytimes.com
nytimes.com
Would we be so hard on him if he was knowledgeable about blood testing and had tweeted about Theranos when they ultimately failed?
The less silence is the norm, the better.
We need people to publicly call out bullshit when they see it (at least he waited until they failed rather than when they were trying to succeed)
Some people who thought they knew better than actual experts failed and took 174m of somebody else's money with them.
It benefits certain angels & early stage VCs to have a culture of relentless optimism and fantasy in the face of reality, and to ensure silence is forced on everyone except those who succeed.
And his argument, "disrupting school was a terrible strategy" but doesnt elaborate why..
https://twitter.com/educationpalmer/status/11449091634594816...
"$174M lessons here. We passed on @Altschool multiple times, mainly because disrupting school was a terrible strategy, but also b/c founders didn’t understand #edtech is all about partnering w/existing districts, schools and educators (not just “product”)"
anyways, i think the real issue here is just the emptiness of it. Anyone can brag they knew (or pretend they knew) that a business would fail after it already did.
and hes not providing insight. Just, it was "Terrible" and they "did it wrong".
But 160 characters is plenty of room to pay yourself on the back publicly and feed your own ego.