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The Craziest Stuff We Found On The Internet This Week
My First Million
Ruthless Secrecy for Better Deal Flow
In the world of traditional finance, people go to great lengths to gain a competitive edge, whether it's moving servers closer to the trade pipe or using specific wires. Silicon Valley individuals, on the other hand, have been known for their openness and lack of secrecy. However, a company has come up with a genius deal flow hack to help VCs improve their deal flow. By putting a photographer outside top VC office buildings and taking photos of entrepreneurs leaving the offices, they create a list of companies that are actively involved in fundraising activities and then sell this list to other funds. This tactic allows VCs to know about deals they would not have heard about otherwise, providing a new level of strategic advantage in the competitive market.
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