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Tech Boss Attacks 'Whiners' in Angry Email (bbc.com)
An anonymous reader shares a report: The co-founder of a Silicon Valley investment firm said it is "not my job to make you all feel good" in a long email to staff and investors. Jonathan Teo from Binary Capital was responding to negative press coverage about the firm following allegations of sexual harassment by his co-founder Justin Caldbeck. He added that he was "tired and indignant," and raged against "whiners" who demanded his attention. Mr Teo has already offered to resign. He did so after Mr Caldbeck left the firm in June. "I'm incredibly sorry," Mr Caldbeck tweeted when the news broke last month. Mr Caldbeck's actions were one of several sexism scandals to rock Silicon Valley in recent months. They include a damning report into the work culture inside ride-hailing firm Uber, and the resignation of venture capitalist Dave McClure, who admitted "inexcusable behaviour" towards "multiple women."
And I know of at least three cases in the last five years of organizations I work with where the "down low" blew up in various unpleasant ways, one in which the Executive Director (non-profit) had a rather torrid affair with his secretary, leading to the nightmare situation of severe disruption, and ultimately forcing the Board to basically oust him and take control, though so far as I was concerned, they waited far too long, and should have forced the two of them to decide whether they wanted to remain with the organization.
Bully for the couple in question. I'm sure it can work, but there enough legal and organizational risks that in general, yes, I'd say my company policy would ban her from being his direct subordinate (or visa versa).
The world's burning. Moped Jesus spotted on I50. Details at 11.
A tech boss generally knows zilch about tech. Which is what is wrong with the entire venture capital system.