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by skippyboxedhero
1321 days ago
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The recent Sebastian Mallaby book about VC charts the growth of this "founder rules" approach. In the age of ESG, it turns out that the "G" part is being ignored totally (because it counter to the interests of insiders) but the "E" and "S" is ever more important (because it is in the interests of insiders) despite it doing little to help improve returns (SBF was the king of "S"...might there be a correlation between saying you are more ethical than anyone and permitting yourself to steal from customers?). |
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