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I completely agree with the sentiment, but i'm sure deals are made on less trivial factors all the time. They just aren't explicitly stated.
by sicp-enjoyer 4y ago
I completely agree with the sentiment, but i'm sure deals are made on less trivial factors all the time. They just aren't explicitly stated.
- NickC25 4y agoYeah, but the whole point is that if it IS explicitly stated or even implied, then the whole concept of a VC's fiduciary duty to its investors gets thrown out the window because of some partner's personal biases that have no impact on a given company or product. That's unethical and dubious at best, and illegal or outright fraud at worst. All because someone didn't like that someone else was using a different kind of phone. That's nuts if you think about it.