Summary
TLDR: Crypto founder Pauly lashed out at a reporter after his interview was canceled, reflecting a trend of founders attacking the media. Some founders believe they can control their own narratives without PR teams, leading to toxic behavior. The industry needs more leaders who understand criticism and respect journalists. Toxic bro culture in crypto must be addressed and eliminated.
Key Points
1. The constant tug-of-war between crypto founders and media has escalated, with Pond0x founder Pauly directing hate-filled responses towards Unchained crypto reporter Laura Shin after his interview was canceled abruptly.
2. Some founders in the crypto industry have been publicly expressing their frustrations with the media, believing they can take their messages directly to their audiences without the need for traditional PR teams. This shift in attitude has led to instances of vitriol and disrespect towards journalists.
3. The rise of a new kind of consultant claiming that “traditional PR is dead” has further encouraged founders to take control of their own narratives and communicate directly with their audiences. However, this approach can backfire when founders display bigotry and disrespect towards journalists, ultimately damaging their reputation and credibility.