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E75: Fast shuts down, board culpability, Elon buys 9% of Twitter, deplatforming's evolution & more
All-In with Chamath, Jason, Sacks & Friedberg
Is It a Competitive Tactic for VCs?
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In the rush to put so much money to work, we've evated people who don't understand what the job is to do the job. If they're not credible, of course they're going to be ignored. We all have ignored stupid board members. There are, most v cs, as venod has said publicly, ad negative value. That became a competitive tactic that emerged as more venture capital funds were raised and more venture capital was raised from elps.
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