SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 76.93+1.2%Nov 28 12:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: pfalk who wrote (67611)4/14/2005 4:29:23 PM
From: Amy J  Read Replies (1) of 77400
 
Good post. VCs shouldn't be micromanaging startups by enforcing blind mandates a CEO follows purely to get his or her annual bonus rather than building shareholder value. The VCs should simply "ask, think, and hold them to their #s."

The reasons for offshoring need to be founded on solid reasons, not the bonus of a ceo.

And yes, it would be extremely naive for people to think "herd mentality" doesn't create a long-term trend, whether that trend is effective or not becomes mute if a policy is a blind mandate.

This part is for Elroy, RE: "The VCs will go with whatever works. I find it hard to believe you don't think the US economy will figure out the superior process. Capitalism will cause the superior model to prevail."

You give VCs much, much too much credit.

The flaw with capitalism is this: capitalism responds to problems after they've been created. You are a hero if you solve a crisis, not if you prevent one.

Regards,
Amy J
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext