I had to tune it out because it put me in a really sad state of mind.
The glee with which some people convulse when an "overhyped" company flounders or fails — not for fraud or mismanagement, but because it was trying something very hard, fumbled a launch, or ran too long on a bad assumption — speaks volumes
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Can you give an example?
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There was someone who kicked our startup when we were down and in the press. Later, their company failed, and they got kicked harder than we did. Some people rightly rushed to her defense. A tough way to learn the lesson that piling on is wrong.
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Who failed?
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if this is in reference to Lambda, I think most of the biggest critics have been upset precisely because Lambda presented incorrect statistics to its own students and to the public. Another word for that is “fraud”. I don’t really think anyone’s happy.
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These are the people who will never do anything great themselves.
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As the saying goes, it's easier to criticize than to build.
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They must see the failure of peers who took risks as an excuse/justification to keep avoiding risks and remain mediocre themselves
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Anyone who has started a company should know better than to make fun of failures. It can and probably will happen to any of us. I agree w/ exception for fraud, and I also cheer a bit when deeply unsavory folks (like Rubin) fail, though I feel for staff in all cases.
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