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As amusing as Philip's story is, screwups that spectacular are rare.


It's my perception that less spectacular versions are repeated frequently. Every time I see a story about a new investment followed by an announcement of a new CEO I have to wonder.

Gray Haired Suits and Hackers aren't exactly a match made in heaven. Few VCs seems truly comfortable with young technical people running the show. I'll admit that most of the time that might be because the founder lacks the confidence-inspiring "assertiveness" of people like Zuckerberg.


Greylock did almost exactly the same thing to a company I once worked at.




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