Two days after his company's downfall, Austen Allred wrote:
I wish people could see how ugly it is to be envious, and how obvious it is to those around you when that's what's happening.
There's not much uglier than trying to tear someone down because they achieved what you wish
With all the damning evidence, the story was ready. Most reporters would now email their subjects for comment, but Woo elevated the story to performance art. He asked Austen for a recorded interview, without revealing its nature. Austen, lulled into a false sense of security by tech press puff pieces, agreed. What followed was the most riveting hour of tech journalism I’ve ever heard.
The premiere venture capitalists of our time, drawing from near infinity riches during ZIRP, and the most innovative thing they have is student loan debt racket but faster.
Did YC seriously think because a growth hacker was in charge, you could value a private school like its an overinflated tech company? PG going mask off to endorse slavery (sorry, “trying out a worker”) for a hack like Austen is so many levels of brainworm capitalism, how has Silicon Valley not sunk into the ocean.
It gets even worse when you add YC’s claim that it doesn’t “fund ideas” but rather “fund people.” They didn’t find Austen (a shit person) because he had a good idea (he didn’t). They funded Austen (a shit person) because they liked him (a shit person).
Very based:
The premiere venture capitalists of our time, drawing from near infinity riches during ZIRP, and the most innovative thing they have is student loan debt racket but faster.
Did YC seriously think because a growth hacker was in charge, you could value a private school like its an overinflated tech company? PG going mask off to endorse slavery (sorry, “trying out a worker”) for a hack like Austen is so many levels of brainworm capitalism, how has Silicon Valley not sunk into the ocean.
Yes. The answer is always “yes”.
It gets even worse when you add YC’s claim that it doesn’t “fund ideas” but rather “fund people.” They didn’t find Austen (a shit person) because he had a good idea (he didn’t). They funded Austen (a shit person) because they liked him (a shit person).