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May 26, 2019 02:47 pm GMT

The savage genius of SoftBank funding competitors

Venture capitalists aren’t supposed to make their portfolio companies battle to the death. There’s a long-standing but unofficial rule that investors shouldn’t fund multiple competitors in the same space. Conflicts of interest could arise, information about one startup’s strategy could be improperly shared with the other, and the companies could become suspicious of advice provided […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/sJ_jG6iG9-c/

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