Cram Down – A Test of Character for VCs and Founders
Steve Blank
APRIL 26, 2022
On one hand the same venture capital industry that gave us Apple, Intel, Tesla, and SpaceX, also thinks addicting teens is a viable business model (Juul) or destroying democracy (Facebook) is a great investment. Many VCs have no moral center in what they invest in or what they’ll do to maximize their returns.
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