Posted on

Cory Booker’s dubious investment in social media

cory_booker10_theridgewoodblog.net

file photo Boyd Loving

Cory Booker’s dubious investment in social media
By Scott Herhold

sherhold@mercurynews.com

Posted:   08/10/2013 12:52:51 PM PDT
Updated:   08/10/2013 12:52:52 PM PDT

In the venture capital world, the adage has it that if there is no conflict, there is no interest. As a statement of how Silicon Valley works, it comes close to the mark. A contradictory tug of interest can help unlock a flash of creative investment.

The problem with the adage is that it doesn’t work for politicians. Consider the case of Cory Booker, Stanford grad, Newark, N.J., mayor, likely New Jersey senator and Web entrepreneur.

The New York Times last week described how Booker’s Silicon Valley friends, including Google Executive Chairman Eric Schmidt, helped him start an online video-collating company called Waywire (see https://goo.gl/4QBV5a).

Clearly bearing the saw marks of heavy editing, the piece gushed about how Silicon Valley folks saw Booker.

https://www.mercurynews.com/scott-herhold/ci_23836466/herhold-cory-bookers-dubious-investment-social-media

 

Leave a Reply

Your email address will not be published. Required fields are marked *