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You'd think if you were contemplating a $10m investment in a promise-the-world startup, you'd spend the $20k to get an expert analysis of the project.
by Workaccount2 3y ago
You'd think if you were contemplating a $10m investment in a promise-the-world startup, you'd spend the $20k to get an expert analysis of the project.
- whymauri 3y agoYou'd think, but VCs are lemmings and the moment you convince one to invest a clock starts ticking that makes thorough diligence difficult for everyone else. Get one person to fall for 'just trust me bro' and the hype train follows.