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Comment on Predictably Bad Investments: Evidence from Venture Capitalistsparent

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I briefly worked at a smaller unicorn. During "all hands" meetings, there would be frequent swearing. One of the "senior executives" gets up there, tells us we need to work harder because he has a ton of stock and he needs to get rich off of it. "Let's f-in get this done guys!!!" Real professionals.

At a earlier company (not near unicorn levels, but raised over $100 million), the CEO gets up on stage. He tells us we need to be willing to work nights and weekends on [major project]. If we don't believe in the vision and the company, we should get out now. "The stairs are in the back of the room!"

Both these companies were awful.

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