In lesser known places such as Wall St, practices like self dealing are considered illegal. In venture they’re often celebrated. Go figure.
I think there’s a general distaste towards setting up networks of companies B, C, D, planning to profit from a success of another company A where a single person controls all the companies and there’s a reasonable expectation of plans to divert business from A towards B, C, D.
I don’t know the details but there seems to be some gripe about it. I’m speculating.
https://www.buzzfeednews.com/article/richardnieva/worldcoin-...
https://www.technologyreview.com/2022/04/06/1048981/worldcoi...
He was fired from y combinator and the entire board wanted to fire his ass too.
Therefore by this logic he should have universal support for reinstatement and the entire board should be vilified? Makes no sense. But this is exactly the direction of the Mob and was the general reaction on HN.
It was ambigiuose whether Sam was a problem and that makes ambigiuose treatment and investigation warranted. The proper reaction is: "wtf is going on? Let's find out" Instead what he got was hero worship. The public was literally condemning the board and worshipping the guy with no evidence.
And now with even more ambiguous and suspicious facts everyone here is suddenly "level headed." Yeah that's bs. What's going on is mostly everyone here is just going with the flow and adopting the background trends and sentiments. Mob mentality all the way.
It's like Trump. Is trump really a snake? depends on who you ask but there's controversy around trump and in direct parallel there's controversy about Sam as well.