Sunday, June 26, 2011
The Case for Silver Lake Not Being Evil Incarnate
When an employee cries foul against a big tech company or its greed-driven investors, it's easy to take the side of the employee, especially when an employee comes forward on the record to state his or her case. A wronged employee is inherently more sympathetic than a big, greedy private equity firm or a faceless corporation, and it's rare that an employee will actually publicly take a stand. In the cozy, relationship-driven world of Silicon Valley no one wants to make a public stink about a perceived or even real injustice. The temptation is to just suck it up and move on. But as this Skype story has continued to dominate another weekend of headlines many bloggers and tweeters are missing important facts in our zeal to defend wronged employees and demand that private equity firms-- especially ones profiting off of an $8 billion deal-- just do the right thing.