The news business is always inherently conflicted. In the old days Tony Perkins ran Red Herring and his father was the Perkins in Kleiner Perkins.
A journalist is always getting spin from insiders, and then has to write the story that's true and complete, that engages readers. You're always making a deal with the source, I'll help you get your side out, if you help me get the story closer to the truth. Debunking spin is generally not a way to keep your sources talking to you first, or writing what readers and advertisers want.
That being said, I don't see how you can be a VC, on the board of companies and privy to all their inside dope, and at the same time be a journalist whose job is ferreting out the inside dope from everybody else (including possibly competition) and sharing it with the world and passing judgment on them.
You can't be an insider and an outsider at the same time. You can be a VC, with fiduciary duties impacting your own and your investors' wealth, or a journalist, whose duty is to inform readers as much as possible, but not both.
Comments
The news business is always inherently conflicted. In the old days Tony Perkins ran Red Herring and his father was the Perkins in Kleiner Perkins.
A journalist is always getting spin from insiders, and then has to write the story that's true and complete, that engages readers. You're always making a deal with the source, I'll help you get your side out, if you help me get the story closer to the truth. Debunking spin is generally not a way to keep your sources talking to you first, or writing what readers and advertisers want.
That being said, I don't see how you can be a VC, on the board of companies and privy to all their inside dope, and at the same time be a journalist whose job is ferreting out the inside dope from everybody else (including possibly competition) and sharing it with the world and passing judgment on them.
You can't be an insider and an outsider at the same time. You can be a VC, with fiduciary duties impacting your own and your investors' wealth, or a journalist, whose duty is to inform readers as much as possible, but not both.