Why VCs Explaining “It Was Only 4% Of Our Fund” Is Misleading Minimization When a High Flying Startup Implodes.
Hunter Walker
NOVEMBER 30, 2022
When you pick your investment in a vertical you mostly have to steer clear of direct and adjacent competitors, especially if you were a lead check and/or a Board member. This is less of a problem when the entire vertical falls apart (think of the last generation of scooter startups). Opportunity Cost of Non-Investment in Competitors.
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