>Honest question, why do companies do this? It seems disrespectful to everyone - employees (both fired and current), customers, and any adult for that matter.
generally because it keeps the person who wrote it hire-able post closure, and makes those that lost money or effort on the deal feel as if their loss is actually being spun into something else, like concepts, innovation, future profitable IP, whatever.
I agree, I think it's disrespectful, but then again there's a lot about business that I feel that way towards.
Bigger red flag from his tweet is there’s basically zero engagement from others in the tech community. For someone who is that high profile to tweet something big about his startup and get almost no responses is really strange.
That does seem super strange. Any ideas why that might be the case? Most of his day-to-day tweets seem to get a pretty solid amount of interaction.
This tweet from December 10 seems pretty weird now:
Justin Kan
@justinkan
"Early-stage fundraising:
- need a great narrative
- can get by with bad metrics
- but MUST know those metrics"
generally because it keeps the person who wrote it hire-able post closure, and makes those that lost money or effort on the deal feel as if their loss is actually being spun into something else, like concepts, innovation, future profitable IP, whatever.
I agree, I think it's disrespectful, but then again there's a lot about business that I feel that way towards.