There are quite a few stories circulating in the blogosphere and Twittersphere discussing the recent acquisition of Zappos by Amazon. Some of these articles have a quite sinister and devious tone, imagining some remarkable behind-the-scenes drama that would make Spielberg pay attention. Here are two specific example: PE Hub’s “ Zappos CEO Wanted To Stay Independent, Sequoia Wanted Liquidity—Sources ” and the more strongly titled “ Zappos Deal Shows VCs Hate Entrepreneur “. I should state up front that I have no specific data on this deal. I haven’t talked to Sequoia nor Tony Hsieh. That said, my view is these articles are little more than sensationalist journalism guaranteed to attract a ton of page views. The specific charge that I […]
You must be logged in to post a comment.