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1121 points alokedesai | 2 comments | | HN request time: 0s | source
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thaumaturgy ◴[] No.10467160[source]
What's the big deal? Homejoy is just hacking startup downfunding... (/s)

I'd like to see some kind of stronger YC influence on ethics in the companies they fund. I realize that YC doesn't have any direct control over the companies, but it could be as simple as including good ethics in the traits they look for in startup founders.

A while back I started compiling a list of YC companies that spammed or otherwise behaved badly. It quickly got back-burnered by other projects, but there was AirBnB from W09, InstallMonetizer and SocialCam from W12, Zenefits from W13, Abacus and GetAirHelp from W14, Gradberry and OmniRef from W15 ... while so far it looks like the majority of YC startups are well-behaved, the trend was looking like there's a few in every batch that are willing to do shady things to meet their growth metrics.

Or, in Homejoy's case, maybe make a little more money while winding down.

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gkoberger ◴[] No.10467496[source]
YC makes it very clear they will disavow any company or founder that acts unethically. YC is strict about very few things, but this was made clear in no uncertain terms (especially by Jessica). When things go bad, YC always gets involved – even if you don't read about it online.

Don't blame YC just yet. We don't know what happened here. Maybe Homejoy went into debt, had their assets seized, and lost control (like with GigaOM). Maybe the investors approved or forced a reincorporation under another name. Maybe Handy bought the assets and is quickly trying to stem off churn. Or, yeah, maybe something unethical happened. Until we know what happened, though, it's all speculation.

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thaumaturgy ◴[] No.10467577[source]
Is this a new policy? Because the company that prompted me to start the list, Zenefits, is still a Paul Graham darling: https://twitter.com/paulg/status/654377298234224640

Or, might be that our definitions of unethical don't match up 100%. I consider spam to be unethical, maybe you just mean more serious offenses.

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1. gkoberger ◴[] No.10467826[source]
This thread is about "selling customer data", not "cold outreach."

But since you brought it up, cold outreach for B2B is not considered spam, as long as they comply with the following: https://www.leadfuze.com/cold-email-outreach-isnt-spam-heres...

Not everything legal is ethical, but in this case it seems more annoying than unethical. I hate cold outreach emails and my company doesn't send them, but concluding that YC doesn't care about being ethical because the former president of YC tweets about a company that sends cold outreach emails seems like a stretch.

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2. thaumaturgy ◴[] No.10467920[source]
You're right, I've veered some discussion away from the original topic, sorry. I wanted to focus more on YC's role in this, if any.

(As my final word on it however, Zenefits specifically was not sending "cold outreach emails", it was bona-fide spam. But, they're far from alone in this anyway, which was my main point.)