Bring back hating
Among my Silicon-Valley-and-adjacent friends, there is a general social norm against criticizing startups. This isn’t an aversion to criticizing tech companies in general — it’s fine to critique Big Tech companies. It’s criticizing a startup that’s considered poor form.
Among my Silicon-Valley-and-adjacent friends, there is a general social norm against criticizing startups. This isn’t an aversion to criticizing tech companies in general — it’s fine to critique Big Tech companies. It’s criticizing a startup that’s considered poor form. In this post, I will argue that there are no good reasons for this norm. The startup equity market isn’t efficient One argument is that the startup’s investors know better than you. This is wrong because the startup equity market is not efficient, as there is no way to short a startup. You can only go long one. So, a…
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