"Treat your employees the same as you’d treat yourself. Do things that you will be proud of and can defend to anyone including your Board, employees, prospective hires etc. In such a competitive hiring market, you are competing with not just your obvious competitors, but also any successful tech company who is also looking for great talent. A principle that treats your employees as well as you’d treat yourself is a huge strategy for differentiation, retention and long term happiness of the exact types of people you will need to be successful. In contrast, if you are viewed as self-dealing and shady, it will only hurt your long term prospects…
In summary, I’m passing on this financing because I strongly disagree with what’s going on."
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— VC and former Facebook exec Chamath Palihapitiya declining to participate in Airbnb’s recent $112 million funding round.
Wow.
(via mrgn)Interesting read. I love the dig he takes at Groupon too.
(Source: morganmissen)
