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I'm sorry, what? Why is this a "VC Scam?" A competitor just got aquired for $$ and a startup raised funds to attempt to compete in the space. I don't see any
by lbotos 4y ago
I'm sorry, what?
Why is this a "VC Scam?"
A competitor just got aquired for $$ and a startup raised funds to attempt to compete in the space.
I don't see anything here that looks like a "scam" to me.
Keybase as an idea was much more pie in the sky vs. "an open source figma clone".
- deleted 4y ago[deleted]
- rchaud 4y agoIn this case, I take "scam" as referring to VCs investing in companies so they can challenge the market leaders just long enough to prompt an acquisition and cash out.