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Similar to the VC industry not seeking damages against fraudulent CEOs. It would just make them look worse and make people question why they're giving that VC
by onlyrealcuzzo 3y ago
Similar to the VC industry not seeking damages against fraudulent CEOs.
It would just make them look worse and make people question why they're giving that VC money.
- peteradio 3y agoWouldn't companies with frauds for CEOs avoid VCs that are diligent? Wouldn't that mean those bulldog VCs would get more (honest) money? I guess investors want to support the good ol' pump and dump rather than real new value creation.
- notyofriend 3y agoWhy do you think soft bank is so popular with the frauds
- uoaei 3y ago> I guess investors want to support the good ol' pump and dump rather than real new value creation. This is the primary critique from the left of the VC phenomenon.