> “He will learn the business of investing and he will work to support our portfolio companies,” wrote Ulevitch in a note sent to all employees this afternoon.
By their own admission he isn’t qualified for the job. He’s been hired because of who he is rather than the skills he brings.
…wait, I thought A16Z didn’t like that stuff! Is Penny a DEI hire?
(in case you were wondering, yes, this thread got flagged to death)
Athlete and celebrity in VC or PE are hired because of the money they can attract from others, which is a type qualification, probably the same reason here.
> He’s been hired because of who he is rather than the skills he brings.
Were you calling Hunter Biden to account for his skills when it was revealed he made millions of dollars from Burisma in a role he ostensibly had no qualification?
I think the "normal person of 20 years ago" opinion on this is that he was rightfully acquitted, but it's weird for him to be getting hired by Andreesen Horowitz.
I feel ashamed to work at a startup, reading this. Thankfully I've seen how dysfunctional A16Z is up-close and don't have much hope for their future competence.
They are doing whatever they can for attention because all of their investments and “blockchain” nonsense have been poor showing the company just got lucky and is run by idiots.
Wow these guys aren't even pretending to be about any legitimate line of business at this point. They have gone all-in on just being as like Trump as they can and robbing everyone blind.
He wasn't in law enforcement, or a statutory role. He's a former marine.
I think this is a non-story. I don't like A16Z but this specific hire has nothing to do with it, and I see no causal trend here or reason to say anything about Andreessen from this hire.
I had an uncle who was a lower court Judge in the UK, who would hire ex-cons to work on his pigfarm. Cynics would say he wanted a cheap source of labour but the truth is (I am convinced) he saw the need for post-Jail employment, and that condemning prisoners to a life without work income was stupid and hurtful. I think also working with animals has been shown to be net beneficial to incarcerated people.
This guy did a stupid thing. I get that. It had lethal consequence. I get that too. I don't think this hire is evidence of any nefarious quality. If anything, it will cost them money.
(I would never for for Trump, and I think A16Z has bad effect on ICT investment)
If the man had experience in investing, then maybe you'd have an argument. As it stands you couldn't tell him from Adam when it comes to investment experience so the only plausible explanation for hiring him is that its political and thus says something about Andreeseen
afavour|1 year ago
By their own admission he isn’t qualified for the job. He’s been hired because of who he is rather than the skills he brings.
…wait, I thought A16Z didn’t like that stuff! Is Penny a DEI hire?
(in case you were wondering, yes, this thread got flagged to death)
hnburnsy|1 year ago
zja|1 year ago
exogeny|1 year ago
blased|1 year ago
Were you calling Hunter Biden to account for his skills when it was revealed he made millions of dollars from Burisma in a role he ostensibly had no qualification?
Bostonian|1 year ago
https://nypost.com/2024/11/08/opinion/subway-rider-thanked-d... Subway rider thanked Daniel Penny for saving riders from Jordan Neely — possibly the most important gesture of his life
creato|1 year ago
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talldayo|1 year ago
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ggm|1 year ago
I think this is a non-story. I don't like A16Z but this specific hire has nothing to do with it, and I see no causal trend here or reason to say anything about Andreessen from this hire.
I had an uncle who was a lower court Judge in the UK, who would hire ex-cons to work on his pigfarm. Cynics would say he wanted a cheap source of labour but the truth is (I am convinced) he saw the need for post-Jail employment, and that condemning prisoners to a life without work income was stupid and hurtful. I think also working with animals has been shown to be net beneficial to incarcerated people.
This guy did a stupid thing. I get that. It had lethal consequence. I get that too. I don't think this hire is evidence of any nefarious quality. If anything, it will cost them money.
(I would never for for Trump, and I think A16Z has bad effect on ICT investment)
lovich|1 year ago
quantified|1 year ago
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nojobs4mobs|1 year ago
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