Fraud in VC
VC firms are increasingly accepting that a significant portion of their investments, around 10%, may be fraudulent. The pressure to invest quickly is leading to a decline in thorough due diligence, with founders leveraging this urgency to dictate terms. As the landscape shifts, asking questions has become a risky move for investors, reflecting a broader trend of founder dominance in Silicon Valley.In this clip
From this podcast
Equity
You can only invest if you promise not to read the fine print, ok?
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