In Rise of Yik Yak App, Profits and Ethics Collide; New York Times, 4/7/15

William D. Cohan, New York Times; In Rise of Yik Yak App, Profits and Ethics Collide:

"Do venture capitalists and other highly sophisticated and compensated investors, like those controlling large private equity and hedge funds, have any moral or ethical responsibility for the investments they make?..."

More than 78,000 people have signed an online petition urging that Yik Yak be shut down. Just as we do not allow someone to yell “Fire!” in a crowded theater, shouldn’t there be limits to hateful, anonymous speech that can unfairly tarnish a life forever or cut one short? And shouldn’t the Sequoia Capitals and Tim Drapers of the world bear some responsibility for financing businesses where such behavior is not only permitted but also actively encouraged through the cover of anonymity?"