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People do not bite the hand that feeds. How many stories have you read where the VCs get lambasted by founders and employees? Not many right? Remember it's a t
by jonesb6 11y ago
People do not bite the hand that feeds. How many stories have you read where the VCs get lambasted by founders and employees? Not many right?
Remember it's a two way street. Sure maybe there is some incentive for VCs not to be ass holes. But there is equal incentive for founders (many of whom are serial entrepreneurs) to stay liked by the VC community at large.
Final point: people with "fuck you money" as mentioned elsewhere in this thread, commonly don't give a fuck.
- rdl 11y agoPeople are much more willing to share information in private with their friends about which investors/vendors/employees/etc. are good/bad. "Hey, I want to talk with someone at Firm X, who is good?" "They are asshats, call me, this is why..." leads to impaired dealflow for Firm X.