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S3 E7: The Future of VC in DTC with Ben Lerer of Lerer Hippeau
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The Importance of Transparency in Venture Capital
The second you raise venture money, can I accompany anymore? And that doesn't mean you don't control the board, but you have obligations now. There is definitely a, like most companies shouldn't be run for about companies. In D to C, most companies probably shouldn't be venture-backed companies. But there are certainly still plenty that should be and there have been great venture outcomes for consumer businesses.
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