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Worst thing that can happen in a startup is trust issues affecting focus and ability to get stuff done. I see many conflicts that need to be addressed for this
by vinay_ys 7y ago
Worst thing that can happen in a startup is trust issues affecting focus and ability to get stuff done. I see many conflicts that need to be addressed for this model to succeed.
By having their people directly within the organization (potentially at very senior operational levels), there is inherent information asymmetry that favors SEV over founders and other VCs.
Founders will have to figure out how they will protect themselves from SEV insiders screwing them over other startups in SEV portfolio.
I'm very curious to see what would be SEV's pitch to the talented people they hire to deploy in these startups would be and how would the three party contract between this talent, SEV and startup would be setup.