this post was submitted on 16 Jul 2023
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[–] [email protected] 2 points 1 year ago

I should have been more clear: The Valley allows and even encourages certain sociopaths to flout rules and conventions around ethics and reporting, while the rest of us are held tightly to those rules and conventions. For example, Sequoia seemingly didn’t even perform de minimis due diligence when leading a nine-figure round in FTX.