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by bps4484
1497 days ago
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Weirdest quote the TC article was "In the meantime, Tiger Global, which prides itself on its due diligence" They are notorious for outsourcing their due diligence and often not even paying attention to it. They pride themselves on moving fast, not diligence. I liked the investment thesis of "get founders money and get out of their way" and hopefully other VCs learned something from it, but they certainly lacked a lot of control in how they operated. |
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It's a great theory. I read somewhere Masayoshi Son looks in founder's eyes to decide if they are trustworthy, same with George W Bush who would look into other leader's eyes to decide if they are someone he can do business with.