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by pico_creator 614 days ago
Someone is losing the money. It’s elaborated in the article how and why this happens

TLDR, VC money, is being burnt/lost
1 comments
shermantanktop 614 days ago
Tons of VC money burned in pursuit of low-probability success. It’s no wonder that some people find it easier to scam VCs than it is to build a real business.
link