4 ms·

But why would tesonet spend resources to help a competitor to start? I'd be surprised if there wasn't at least an equity deal.

• the_mitsuhiko 1y ago
  > But why would tesonet spend resources to help a competitor to start? I thought tesonet is venture / seed fund?
  • dchftcs 1y ago
    Then the question becomes why would they help a company that competes with their portfolio companies. And even stronger case that they got some shares in return.
    • Ey7NFZ3P0nzAe 1y ago
      One reason is that helping contributors that you know will survive (as proton was already well known) grows the market. Basically give the competitor of piece of the cake because they will enlarge the cake for everyone.