I disagree, I personally think Arrington made a bit too far of a stretch.
Did a bunch of super angels get together and talk shop? Definitely. Are they talking about how high valuations are right now? Probably. Once you get into the "concrete plans for how to control the world" it gets a lot sketchier.
There's a strong difference between someone saying "company X is raising at a really high valuation, you shouldn't stand for that" and "company X is raising at a really high valuation, don't take it or there will be consequences". Startups talk about investors all of the time, why should the investors be any different?
I disagree, I personally think Arrington made a bit too far of a stretch.
Did a bunch of super angels get together and talk shop? Definitely. Are they talking about how high valuations are right now? Probably. Once you get into the "concrete plans for how to control the world" it gets a lot sketchier.
There's a strong difference between someone saying "company X is raising at a really high valuation, you shouldn't stand for that" and "company X is raising at a really high valuation, don't take it or there will be consequences". Startups talk about investors all of the time, why should the investors be any different?