To: tcmay who wrote (167194 ) 6/28/2002 7:02:21 AM From: Amy J Respond to of 186894 Hi Tim, Albert Yu was incredibly hardworking, very smart, and remarkably honest, but you could go to any Silicon Valley party awhile ago and hear the incredibly vocal complaints regarding a project that could have almost taken the Intel of today down. He wasn't directly in charge of this project, but he had the misfortune of managing the exec who was, that apparently kept him out of the loop by months. This particular exec is no longer at Intel, but he managed to fool the VCs into thinking he was a good exec, went to a startup and got it funded (ironically, most likely on the basis of his title at Intel, so-called window dressing for vc's), and is now competing with Intel. (I'm not worried about his company, their valuation is getting lower, it'll probably whither out in a couple of years, but of course, probably after he has had a chance to run safely to a different startup after securing capital from a different set of VCs.) Self-promotion to VCs to the point of lying is not only considered acceptable by some self-promoters, but also by some powerful high-tech investors and directors. Hopefully, companies will be motivated to start giving courses on ethics and the value of it. Cheating starts in school. 50% of all Palo Alto high school students cheat on their homework to get ahead in school, per a contact of mine did who did a survey. The school doesn't have any serious recourse, so everyone does it. It's not good, because this will breed a bad batch of executives. Here's another thing: just take a look at yesterday's SJMN, they had an article where they casually mentioned a VC firm that picked up and read the biz plans of their portfolio's competitor (the writer didn't even see anything wrong with that.) I once had a biz plan of a competitor of ours, forwarded to me by someone whose integrity I now question as a result. (And no, I did not read the plan.) Regards, Amy J