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   Tony Stubblebine (coachtony@me.dm)'s status on Thursday, 26-Jun-2025 22:15:24 JST Tony Stubblebine

   • David Fleetwood - RG Admin
   • Anil Dash

   @reflex @anildash Yeah, that all started changing over the last few years and I can give you an official update.

   A) there are zero VCs on the board right now or with rights to appoint a board seat.

   B) I took over in 2022 and Ben left before I had my first board meeting. Kevin had left long before that.

   C) we did a full recap in April 2023 and at that point A16Z lost a lot of their equity position and lost all of their preferred stock (converted to common).

   • Embed this notice
     Tony Stubblebine (coachtony@me.dm)'s status on Thursday, 26-Jun-2025 22:15:21 JST Tony Stubblebine

     in reply to

     • David Fleetwood - RG Admin
     • Anil Dash

     @reflex @anildash Last thing, I often think people over estimate how political a site is, certainly their estimation of us.

     In a normal world, Medium's sweet spot is non-content-producers documenting their lives, especially their professional lives.

     That's just not very political unless politics veers into refuting the expert knowledge of 99% of scientists & economists.

   • Embed this notice
     Tony Stubblebine (coachtony@me.dm)'s status on Thursday, 26-Jun-2025 22:15:22 JST Tony Stubblebine

     in reply to

     • David Fleetwood - RG Admin
     • Anil Dash

     @reflex @anildash

     I never got any sense of media agenda from Ben in the tiny bit of overlap or in the tales of company history.

     But even if so, they have no say now and if based on other investments probably have a small financial incentive for Medium to fail.

     Tim Chambers repeated this.