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Billionaire investor Vinod Khosla gives a disastrous interview at Disrupt, bashes journalist repeatedly on stage

Khosla disrupt
Khosla disrupt

(Screenshot/TechCrunch)
Vinod Khosla (left) and TechCrunch editor Jon Shieber.

Plant-based food-startup Hampton Creek, a crown jewel in the Khosla Ventures portfolio, has been embroiled in a lot of controversy during the past month.

Business Insider first published a story in early August in which former employees alleged bad ethics and a lack of science at the egg-replacement startup.

TechCrunch wrote its own story with several lingering questions for the startup, and onstage at TechCrunch Disrupt, senior-editor Jon Shieber tried to ask its main investor Vinod Khosla about what's happening at the company.

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Khosla did not take that well, and summarily began to belittle journalists while insisting he did not want to talk about food:

Khosla: They're [Hampton Creek] doing great. There's a general principle we should talk about. We all love to talk about disruption and revolution and all that. If you're doing anything disruptive, you're disrupting somebody and somebody's getting hurt. Revolutions are hard on people, people get killed, people get hurt. And anytime somebody does, like the egg industry — if you really want to understand the egg industry, just Google "crushed chicks." That's how they treat half the chicks that are born, they crush them alive.

I don't want to talk about food, I want to talk about disruption ... by the way, the company is doing awesome.

That's where the interviewer tried to make a little jab.

"Debatable," he said.

And Khosla bit back:

Khosla: Here's a journalist who doesn't know what's going on, has an opinion, just like he does, to make interesting stories.

TC (Shieber): Hopefully, hopefully, there will be an interesting story that comes out of this.

Khosla: I know a lot more about how they're doing, excuse me, than you do.

TC: So please tell me.

Khosla: No no no, we don't need to talk about Hampton Creek. We did last year.

Hampton Creek Just Mayo
Hampton Creek Just Mayo

(Biz Carson/Business Insider)

With the Hampton Creek discussion tabled, Shieber moved on to asking about whether entrepreneurs should still turn to venture capitalists these days.

It's an important question, Khosla noted, before embarking on a tirade that went downhill from there:

Khosla: Because you writers like headlines, I'll repeat the headlines from last year. I don't think 90% of VCs add any value. Seventy percent of them actually add negative value that gets tweeted a lot, so it's good for media.

TC: It's a nice truism.

TechCrunch then asked Khosla if the best startups, like Airbnb and Uber, were overvalued. Instead of answering, Khosla snarked again at Shieber.

Khosla: Again, this is a question only writers like. Who cares whether they're overvalued or not? It creates an illusion of knowing to have an opinion. So I guarantee you, anyone who has given you an answer before onstage doesn't have a clue.

TC: So Bill Gurley doesn't have a clue?

Khosla: What I can say in general and from an entrepreneur's point of view, what should you do if it's a bubble, and what should you do if it's not? That's the important question.

First you should take money and have plenty of money fueling your tank. But money becomes dangerous if you assume it's going to keep coming. Make sure you can get your burn rate to a sustainable level if you hit the brakes hard, within 90 days. So how you run your business is very, very different if you say you don't know what's going to happen ...

Vinod Khosla disrupt techcrunch
Vinod Khosla disrupt techcrunch

(Steve Jennings/Getty Images for TechCrunch)

Shieber tried to turn the discussion and ask a new question, but Khosla interjected and asked to finish his answer.

Shieber replied, "Do your thing," and that's when things reached peak awkwardness.

Khosla: Yah, I don't pay attention to his questions anyway.

TC: And people shouldn't pay attention to many of your answers. They're kind of platitudinous, but go on, sir, please continue.

Khosla: OK, hopefully I'm more useful to entrepreneurs than he is.

TC: I'm sure you are, you have the money, sir. You have the money.

There were redeeming parts of the interview where Khosla actually gave good entrepreneurial advice, but they were easy to miss among the constant snarky jabs from both interviewer and interviewee.

When the cringe-worthy interview finally ended, TechCrunch Disrupt host Jordan Crook came on stage and said what everyone was thinking: "That was awkward AF [as f---]."

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