VC Diligence Debate
The conversation dives into the surprising reliance on Sequoia's reputation by other investors, questioning the depth of their due diligence on FTX. Eric highlights the unusual step Sequoia took in publicly addressing their limited partners, a move rarely seen in the VC world. The discussion underscores a growing concern about transparency and accountability in venture capital, especially when trust is placed in a firm's reputation over rigorous investigation.In this clip
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