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debarshritoday at 7:58 AM1 replyview on HN

VC by default are founder friendly in my experience.

If you find a greedy VC then most likely they are real VC and often gets attracted when your business is not doing great.

Reputation travels in this industry therefore people care.


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DrScientisttoday at 9:48 AM

> VC by default are founder friendly in my experience.

Founders are only one stakeholder. There are employees ( I think they fall into that category ), customers, suppliers, and the wider society.

It all comes back to why does the company exist - and for which stakeholders. I think that's the point the original author is making.

I don't buy the argument that making money in the end is a perfect surrogate for overall good - it's not - it's an imperfect surrogate - and to pretend it is a perfect surrogate is just an excuse to behave like an arsehole.

To make that concrete, let's say you are a chemical company making paints - really important job, paints are needed the cheaper you can make them, the more people can have them etc, but if you knowingly pollute a local river just because you can get away with it and increase your profits - saying that increased profits justifies polluting the river based on the assumption that river pollution is correctly priced ( free ) is an obvious convenient excuse to be a selfish arsehole.

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