Re:Letter from Benchmark to Uber Employees [pdf]
by cocktailpeanuts on Monday August 14, 2017 @05:11PM
(#15012954)
The problem is a lot of people believe that Benchmark has interest in the short-term success (until it IPOs) due to its fund cycle. So it's pretty obvious that there's no such "shared" interest here. Which is why this letter comes off as deceitful
As you say, it is obvious.
They are only arguing that both employees and investors have a shared interest in the long-term success of the company. Which sounds pretty reasonable.