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It's like a competition from the VCs to find and fund the shadiest people possible.
by jgalt212 3y ago
It's like a competition from the VCs to find and fund the shadiest people possible.
- JohnFen 3y agoI think VCs generally have a problem with the pool they fish from. If you're a shady operator, trying to get VC money is basically a no-brainer. If you're a legit operator, then the odds are pretty good that you're going to intentionally avoid trying to get VC money unless your venture is of a specific type. So I speculate that the pool that VCs are fishing in contains a much higher percentage of sketchy people than the general population.