> In early rounds, founders are looking for investors who will trust management to make decisions in the best interest of the company.
We're hardly in early rounds for Uber at this point. July 2016 was round 15 and Kapor's been invested in Uber since 2010 as angel investors (essentially round 1)[0].
> who will trust management to make decisions in the best interest of the company.
And how is letting a culture like this go rampant "in the best interest of the company"?
> EVEN if they don't agree with those decisions, it's expected that they'll be a team player and provide support in whatever way possible.
I don't agree with you there either. It's not the investors responsibility or job to blindly follow the CEO. It's their job to advise them, to be asked for advise and to help correct course. But that also means you need to listen to them and when that's not happening investors need to ensure they're heard.
We're hardly in early rounds for Uber at this point. July 2016 was round 15 and Kapor's been invested in Uber since 2010 as angel investors (essentially round 1)[0].
[0]: https://www.crunchbase.com/funding-round/c76f942969286763614...
> who will trust management to make decisions in the best interest of the company.
And how is letting a culture like this go rampant "in the best interest of the company"?
> EVEN if they don't agree with those decisions, it's expected that they'll be a team player and provide support in whatever way possible.
I don't agree with you there either. It's not the investors responsibility or job to blindly follow the CEO. It's their job to advise them, to be asked for advise and to help correct course. But that also means you need to listen to them and when that's not happening investors need to ensure they're heard.