[pg]

The symptoms are usually lying or betraying people. The underlying causes vary.

I can't say we've learned general rules for avoiding bad apples. The best we can do is to avoid funding people who remind us of bad apples we've funded in the past.

There have been surprisingly few though. We spend a lot more time during interviews worrying about which people will succeed or fail. Out of 170 interviews last batch, there were probably only 2 or 3 cases where we worried about a founder's character.