Its somewhat sad, we have a sliding of VC returns and yet no one connects the lying and denial as part of the cause. The recent case of an intern not only getting TechCrunch to take them as a writer but turn a blind eye while posts were completed for materials goods is but a symptom of a greater affliction.
This is why Jason Calacanis and Mark Cuban’s call for more startups as a way out o of recession is not an ideal cure as the underlying culture of denial and lying within the tech-startup communities produces no real goods with real jobs but much like TechCrunch’s latest debacle, a circle jerk con game with no real benefits at the end of the day.
We have to as a community get back to no denials, real tech journalism and cast out the posers. Tech community and VCs you are no different than the liar loans that funded the real estate collapse. And please TC removing the articles because they might be fined under FCC guidelines than claiming tis because of age of writer, 17 years old is not a minor but a major sirs.
Techcrunch and SV elitism you make me effing sick!