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Maybe they are trying to avoid a conflict of interest in preparation of Stripes IPO? Giving up 21 million might be better than losing the chance to participate
by ThePhysicist 7y ago
Maybe they are trying to avoid a conflict of interest in preparation of Stripes IPO? Giving up 21 million might be better than losing the chance to participate in a large IPO if you’re kicked out due to violating a non-compete. I am no expert in VC, maybe someone with more experience can chime in?