Juicero was not created to head-fake people with a grudge against Silicon Valley into outing themselves, but it worked that way in practice.
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I know VCs tend favor kill-or-cure strategies, and often warn founders about it.
The reason is more sinister than just the portfolio effect though. There's also the opportunity cost of the board seat.
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The phenomenon is not as bad as it used to be though. And founders benefit from portfolio effect too, because they can start multiple cos.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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