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>>I would hope we see a postmortem to get a better understanding of what went wrong. High level -- FOMO lead mediocre VCs to take OPM (LPs reaching for yield)
by throwaway786786 8y ago
>>I would hope we see a postmortem to get a better understanding of what went wrong.
High level -- FOMO lead mediocre VCs to take OPM (LPs reaching for yield) and spray and pray. Bros who went to Stanford gave other Bros who went to Stanford $100M+ because of connections, because what do you have to lose?