Jason is a bully. I've heard plenty of horror stories of people who have worked for him. I'm not surprised in the least and I'm extremely glad to see people standing up to him.
Just for what it's worth, as I know it isn't the same as working for someone - I interviewed for a position working directly for Jason and he was all class. I'm a designer and part of the interview process, as is often the case, was to complete a small design project. He flat out insisted on paying me for my time (nobody else in my career has ever even offered) and wouldn't take no for an answer, and was professional and courteous during both the interview and his eventual decline to hire me.
and i'll give a counterexample - Jason yelling down and belittling an entrepreneur and his team during prep for a conference presentation, for a totally unrelated reason and then cancelling their appearance because he was mad at something else. I have never seen anything like it.
Assholes are manipulative, it's how they get away with it.
The problem is silicon valley is self-reinforcing with positive feedback, nobody rocks the boat and speaks ill (the subject of Jason's abuse above would never come out and say it) of others.
It is 100x harder to give a negative public view of someone than it is to give a positive.
Investors have more power than most of your employees and they will freely speak about you, associate with you in good times, many will run away in bad.
You should run extensive due diligence across all of them, and with people who worked with them - not the type of Silicon Valley 'good friends' that involve spending 5 minutes in a conference hallway with someone 3 times a year, or having dinner twice a year.
I've seen Jason critique a lot of pitches. I have to say, it's hard for me to believe your description of the situation is giving the full story.
Yes, Jason probably had some brutally honest feedback about the presentation and how to make it better. But in my experience, his feedback is always spot on.
I've personally been on the receiving end of such feedback, and it can feel harsh at times. But this is one of Jason's greatest strengths: he has the ability to listen to a pitch once and then make it way stronger by improving a few key things. This is why almost all of the pitches at Launch are exceptional.
1. I always ask folks -- in private and group meetings -- "do you want the red or blue pill?"
2. Founders have asked for the brutal truth of the 'red pill 'every single time. No founder has ever asked for the blissful illusion of the blue pill. Not once!
3. I've coached 700 startups for TC50, LAUNCH Festival and the LAUNCH Incubator (27 and growing!)... never had a complaint. Not one. That includes Dropbox, Yammer, FitBit, CafeX, Clicker, Brilliant.org and hundreds more.
[ background: The person making these claims is close friends with my former partner on TC50 -- that partner was accused of some very nasty things. ]
That might make sense; strongarm negotiating doesn't necessarily mean you treat everyone like crap, but when there is more VC money than there are companies to invest in might cause you to lose out on deals.
Like I said, it was just my 2 cents for what they are worth here when Jason is being called a bully to people. I don't expect my experience to be analogous in the VC world or anything.
And it's interesting because the difference between "valid negotiating tactic" and "being an asshole" is so context dependent.
There are plenty of situations where flat out lying is not just acceptable, but expected as a bargaining tactic, along with other behavior that would be unacceptable in other situations.
Just thinking about the different ways I buy things at flea markets, the grocery store, and an auto dealership shows 3 very different behaviors.
When I was broke I would sometimes ask folks "hey can you should me how you would tackle this problem?"
It was then up to them to do the spec work or not.
However, when I was able to afford to pay folks, I was like "well, if I pay three people $500 or $1,000 to do a project and pick the winner as my eventually designer, that's a good use of $1,500!"
Thanks for taking the time to share this story. I'm far from perfect, but I work really hard every day to help as many people I can.... because so many people helped me get to the top of the mountain!
I worked directly for Jason for about 3 years, as a direct report. I never once saw him bully anyone. He expects and pushes people to be their best. Additionally he doesn't allow people to waste his time, or the time of others in his organizations. Both of these are admirable qualities.
Additionally after I left his employ, he was our first investor in a new venture, and relentlessly supported us along the way. Jason is the best possible investor you can have on your side.
I also worked directly for Jason for nearly 3 years and have nearly an identical story as Adam. The entire Launch organization was built around Jason giving back to founders. All of his actions during my time working for him reflected this mission.
I'd respect you sniping at people more if you did it whilst showing your true identity at the same time. If you're going to attack online from a hidden identity then that's just trolling.
I can't reply to your other comment as its nested too deeply, but I'm not posting to earn your respect. If you don't believe me that's fine, but equivocating anonymity with trolling is a strawman if I've ever seen one.