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Yes, of course there is going to be a lapse in their due diligence at some point. It is just like the whole housing crisis in 08. Banks eventually were giving m
by anonymous5133 8y ago
Yes, of course there is going to be a lapse in their due diligence at some point. It is just like the whole housing crisis in 08. Banks eventually were giving money to practically everyone and then we all know what happened in the end. As a VC, at some point, you need to get your money back plus a return to keep the fund going.