ryporter
Joined 19 years ago
Joined 19 years ago
This wasn't an VC investment born out of the bubble. Retail requires more money than a startup that makes apps, and this one had a great growth trajectory. Obviously, things went south, but that does occasionally happen to a VC investment.
Similarly, I don't think it's fair to dismiss Amoruso out of hand just because the company has now failed. Many startup founders are great at launching companies, but not so good at running them once they reach a certain size. This seems to be what happened here. There definitely is something to be learned by how she built the company and brand.
YC accepted into their program as a founder someone who was a partner. Does that really sound like bias to you? If a former professor at a university applied to be a grad student, would you accuse the university of a conflict of interest?
I say this not to dismiss the study, which appears to be fairly well done and to provide interesting results. I'm simply saying that its results are not inconsistent with lambdas providing a net, long-term benefit if introduced to a development team at work.
I personally despise Trump, but I agree with Sam -- other people's political views don't really matter to me. Hopefully after this election ends, everyone can calm down and keep things in context. Business and politics are separate.
[1] https://en.wikipedia.org/wiki/List_of_Donald_Trump_president...
Google does have a say on what you can do with their service.
These people were clearly trying to game the system. Google caught them red-handed and has now exercised their rights.