[HN Gopher] Brian Chesky on Ron Conway
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       Brian Chesky on Ron Conway
        
       Author : simonebrunozzi
       Score  : 87 points
       Date   : 2020-12-18 18:17 UTC (4 hours ago)
        
 (HTM) web link (news.airbnb.com)
 (TXT) w3m dump (news.airbnb.com)
        
       | jamestimmins wrote:
       | Interesting that their empowerment award is exclusive to YC
       | companies. Seems reasonable as a filtering mechanism, although I
       | assume it will also be a lightning rod for people to get angry
       | about.
       | 
       | Either way the mentorship will be incredible, as will the ability
       | to make connections in the industry. I imagine getting chosen for
       | this program will have a large, measurable impact on the
       | companies' valuations.
        
         | raiyu wrote:
         | Not sure what the point of this is. It reads more like a Press
         | Release to generate more buzz for YC, as if that was needed.
         | 
         | You are going to select one company from YC who is already
         | selected from the cream of the crop, so that you could mentor
         | them?
         | 
         | I mean this is something that you can just email YC about
         | doesn't need to be blasted to everyone as a press release.
         | 
         | I mentor a lot at Techstars. We went through Techstars, had a
         | great experience, and so I try to help other companies. I also
         | mentor outside of Techstars, and generally just try to be as
         | helpful as I can to anyone that reaches out, time permitting.
         | 
         | I'm not writing press releases about it.
        
           | an_opabinia wrote:
           | Yes, but if you were as obsessed with being Walt Disney as
           | Brian Chesky is, you would!
        
           | jamestimmins wrote:
           | Yeah that's a fair critique. Just because the mentorship will
           | be awesome for some lucky company (depending on what
           | 'mentorship' actually looks like), doesn't mean there's a
           | need to publicize it.
        
       | bfung wrote:
       | I don't know Ron Conway personally - there's different news in
       | different circles about him. Less flattering include:
       | 
       | * https://www.google.com/search?q=ron+conway+sf+propositions
       | 
       | * https://www.sfexaminer.com/news-columnists/hes-back-ron-conw...
       | 
       | * https://missionlocal.org/2016/10/billionaires-back-bid-to-ba...
       | 
       | So while he maybe a great VC, that's only one aspect of a person.
       | 
       | Def a weird article.
        
         | adolph wrote:
         | What is unflattering about making donations to local political
         | campaigns?
        
         | justin66 wrote:
         | Perhaps the oddest thing in the stuff you linked is that Ron
         | Conway has a "political advisor."
         | 
         |  _" Ron is exercising his constitutional right - even
         | responsibility - to participate in the political process of his
         | hometown and have opinions about candidates and issues on the
         | ballot. It's no different from any other CEO or union or high
         | profile individual making endorsements. Ron understands that
         | ranked-choice voting does not allow for multiple votes for the
         | same candidate, though his enthusiasm for some candidates seems
         | to have been interpreted otherwise. The fact is a lot of people
         | in the tech community look to Ron for recommendations and he is
         | glad to share them and encourage others to share them as well,"
         | said Alex Tourk, Conway's political advisor in an email to
         | Business Insider._
        
         | nodesocket wrote:
         | That SF examiner article is ridiculously biased and immediately
         | demonizes Ron because he chooses to be actively involved in the
         | political process. What a hit piece.
         | 
         | And what's wrong with banning people from setting up tents on
         | public sidewalks all over the city and claiming that public
         | space as their own?
        
         | kelp wrote:
         | A few things about this. Looking at your second link, I like
         | Joe Fitz as a person, and I know he means well. He is a bit of
         | a "progressive" partisan in SF politics.
         | 
         | The "Progressive" camp (I use quotes because their policies are
         | often about stopping progress, especially in growing business
         | and housing) would often bring out Ron Conways name whenever
         | they needed a boogyman for rich tech who is somehow pulling
         | strings behind the scenes.
         | 
         | I've seen a little bit of behind the scenes where Ron would
         | donate some money to a cause and then just be supportive. But I
         | didn't get the sense that he was some political mastermind
         | behind the scenes like the progressives often paint him as.
         | 
         | Another anecdote. I was at Square when Jack Dorsey announced
         | that Square would no longer be allowed at gun shows or for any
         | other kinds of gun sales. This was around the time of a mass
         | shooting, I forget which one, there have sadly been so many.
         | 
         | Several years later, I was at an small event and panel about
         | gun violence and what would be done about it. Ron Conway was
         | there to introduce the panel and he talked about how, a few
         | years prior, he had gotten very passionate about the issue
         | after some mass shootings. He got a lot of Silicon Valley CEOs
         | and leaders together to both raise money but also see how they
         | could work to reduce gun violence.
         | 
         | At that moment I put it all together. Jack Dorsey had been at
         | that Ron Conway event and that convinced him to shut down gun
         | sales with Square.
        
       | grdeken wrote:
       | I mean... 90 billion and this is the best he could come up with?
       | An award for one YC company per batch. I guess it's kind of cool,
       | but it's unremarkable at best.
        
         | jariel wrote:
         | This is a cynical take but a reasonable sentiment.
         | 
         | The charitable/giving nature of this hyper large organizations
         | is pale relative to their size.
         | 
         | I think this is a something fundamentally missing from the DNA
         | of these companies.
        
         | gk1 wrote:
         | I guess it's supposed to be a close mentorship, in which case
         | the low mentor-to-mentee ratio is a plus.
        
         | Swizec wrote:
         | "Waaa rich people don't do anything to help others"
         | 
         | Rich person does a thing
         | 
         | "No that's not enough you must do more! This is crap"
         | 
         | Why would anyone choose to help us peasants if this is how we
         | react?
        
           | cactus2093 wrote:
           | Based on all the socialist rhetoric I often see these days, I
           | suspect the serious answer from the kind of person you would
           | be having this discussion with, would be "and that's why it
           | needs to not be a choice". Under the "billionaires should be
           | illegal" plans from the likes of Bernie and AOC, people like
           | Brian Chesky and Ron Conway should have had all their wealth
           | taken from them long before they got to this point.
        
           | grdeken wrote:
           | I didn't say it's crap. It said it's unremarkable. He is
           | welcome to do (or not do) w/e he wants.
        
       | yumraj wrote:
       | Several years ago I had attended YC's startup school at DeAnza in
       | Cupertino. I think it was 2011-2012.
       | 
       | Ron was there and his one comment that had struck me was, I'm
       | paraphrasing, that he only invests in young founder's startups.
       | -\\_(tsu)_/-
        
         | xiaolingxiao wrote:
         | did he say why?
        
       | max_ wrote:
       | "No one, VC or angel, has invested in more of the top startups
       | than Ron Conway. He knows what happened in every deal in the
       | Valley, half the time because he arranged it.
       | 
       | And yet he's a super nice guy. In fact, nice is not the word.
       | Ronco is good. I know of zero instances in which he has behaved
       | badly. It's hard even to imagine."
       | 
       | -- Related PG article[0]
       | 
       | [O]: http://www.paulgraham.com/ronco.html
        
       | vincentmarle wrote:
       | > My perspective on angel and VC investors is shaped by my own
       | experiences as an entrepreneur on the firing line trying to get
       | revenue in the door at a startup called Tellme after the dot com
       | bust.
       | 
       | > A particularly memorable moment was one night I was in the
       | office at 11pm with our then director of finance, Alfred Lin (now
       | COO of Zappos).
       | 
       | > We were at wit's end because we had just lost our biggest
       | customer opportunity which was with a large US telecom company.
       | Normally "losing" didn't phase us as we even developed a motto:
       | "losing is just a step on the path toward winning." But this
       | time, we were really in trouble because the customer was signing
       | a long-term contract with our competitor later that week. We had
       | already appealed to the President of the division; the only
       | further escalation points were to the CEO or Chairman. We had
       | already tapped out our VC contacts. If we lost this customer, as
       | Alfred dryly pointed out, it was unlikely we'd be able to get our
       | revenue over our fixed costs in any reasonable timeframe. I asked
       | Alfred what about any of our angel investors, so we went through
       | them and none seemed likely to be able to pull this off.
       | 
       | > Alfred said, "Well there is this one other investor, Ron
       | Conway." I didn't know Ron at the time, and his investment was
       | quite small. But we had nothing to lose by reaching out. So
       | sometime after 11pm, I wrote Ron and essentially said: "hello,
       | you don't know me, I'm an executive at a company you're an
       | investor in, and we need a meeting--in person--with the CEO
       | himself of this Fortune 50 company--this week--and if you can't
       | make this happen, hey that's ok, but we may be going down--
       | sorry." Ron wrote back in literally 2 minutes and said, in what I
       | have learned is Ron's distinctive email style (immediate, short,
       | all caps), "AM ON IT." The next morning, Ron had done it. Tellme
       | went on to win an eight figure contract that led to a nine figure
       | contract. That's a lot o' money from a desperate email from
       | someone he'd never met at 11pm.
       | 
       | > Tellme was eventually acquired by Microsoft for about $800mm.
       | My view of building startups is that it is somewhere between
       | impossible and almost impossible, so you want all the help you
       | can get. Tellme's VCs (The Barksdale Group, Benchmark and Kleiner
       | Perkins) were also extremely helpful, and I don't think Tellme
       | could have succeeded without them, including help with customer
       | connections. But my personal opinion is that I'm not sure we
       | would have made it without Ron either.
       | 
       | From: https://a16z.com/2010/04/06/ron-conway-explained/
        
       | soumyadeb wrote:
       | Am I the only one who thinks the note to thank Ron should have
       | been de-coupled from the announcement of the award fund?
       | 
       | The post started of great as a gratitude filled thank you note to
       | people who helped AirBnB succeed. But ended as a promotion for
       | the award.
        
         | rangitatanz wrote:
         | I think it's trying to frame it that they want to be that type
         | of angel for someone else.
        
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