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Re:WooMe: TechCrunch40 Finalist, $20 Million In Funding – An... by zoomzoom on Wednesday February 02, 2011 @11:16AM (#2170749)
Who is to say that ethically challenged businesses cannot be legitimate targets for investors? I hate these sites, but my bet is that they pay off for investors as well as your average YC company...Investors are in the business of making money, not making judgements about ethics. Legal challenges are the ones that matter to a business, not ethical ones.
Re:WooMe: TechCrunch40 Finalist, $20 Million In Funding – An... by mitel007 on Wednesday February 02, 2011 @02:20PM (#2171638)
"Investors are in the business of making money, not making judgements about ethics. Legal challenges are the ones that matter to a business, not ethical ones."

That may be how things are, but that doesn't mean they have to be. There's no law of nature or 'business' that dictates that is how it should be, like there's no other weay. It's all a human choice. Some people choose to act this way.

How can we change this? Simple, don't interact with folks that choose to act this way.

Re:WooMe: TechCrunch40 Finalist, $20 Million In Funding – An... by pavel_lishin on Wednesday February 02, 2011 @11:24AM (#2170787)
Maybe we should change that.
Re:WooMe: TechCrunch40 Finalist, $20 Million In Funding – An... by zoomzoom on Wednesday February 02, 2011 @12:10PM (#2170990)
The question is: how?

The sentiment (in the US, at least) still seems to be towards less regulation at the moment. Enforcing ethics as well as laws would seem to require even more regulation, unless you have a magic potion that will convince all business directors to self-regulate all at once!

Re:WooMe: TechCrunch40 Finalist, $20 Million In Funding – An... by watchandwait on Wednesday February 02, 2011 @12:24PM (#2171063)
Regulations are only as ethical as the regulator -- just ask Bernie Madoff's victims how well that worked. Indeed, more regulation leads to a false sense of security, and certainly stifles innovation.

Better to have the market, and market players like TechCrunch, sort out this type of low-level malfeasance.

Re:WooMe: TechCrunch40 Finalist, $20 Million In Funding – An... by zoomzoom on Wednesday February 02, 2011 @12:54PM (#2171213)
I am definitely not advocating more regulation, only pointing out that laws and ethics are not the same thing. The parent of the above post is the one suggesting to "change that" (implying more regulation) and I am answering that comment.

I agree that this kind of "malfeasance" is not really worth any more attention from regulators.

Re:WooMe: TechCrunch40 Finalist, $20 Million In Funding – An... by pavel_lishin on Wednesday February 02, 2011 @01:00PM (#2171249)
But then you'd have to have a financial reward system in place that rewards ethical firms.

I don't know how you would do that.

Re:WooMe: TechCrunch40 Finalist, $20 Million In Funding – An... by dantheman on Thursday February 03, 2011 @08:23AM (#2174606)
It's called refusing to do business with people who are ethically challenged.
Re:WooMe: TechCrunch40 Finalist, $20 Million In Funding – An... by lsc on Wednesday February 02, 2011 @02:56PM (#2171832)
reputation.

If we socially scorn businesspeople who only focus on extracting value without adding any, if programmers who work at those sorts of companies feel ashamed rather than proud, we won't eliminate the behavior, but we can certainly make it more expensive.

Re:WooMe: TechCrunch40 Finalist, $20 Million In Funding – An... by cabinguy on Wednesday February 02, 2011 @11:53AM (#2170924)
Your not going to get very far.