4 ms·
Hindsight is 20/20, but with so much cash flowing around in VC land there was obviously a lot of "dark money" involved. Whether it's funding from sovereign weal
by 40acres 8y ago
Hindsight is 20/20, but with so much cash flowing around in VC land there was obviously a lot of "dark money" involved. Whether it's funding from sovereign wealth funds of nations whose actions go against the overall beliefs of SV, or dollars that were generated as a result of war and shady business practices (tax evasion, etc.).
Many industries took a stand against conflict minerals, it was an action that could be directly traced back to a very sympathetic group. Money is a different beast, you can obscure its origin in many different ways.
At the end of the day the buck will stop with VCs and the entrepreneurs who take their money. If you have a dream and your company needs cash to fulfill that dream, how deep are you willing to go with due diligence to verify that the check you've received isn't covered in blood? Motivated reasoning is a hell of a drug.