January 11, 2019
The reason VCs typically try to avoid doing competitive deals is that it creates perceived (if not actual) confidentiality issues, companies have to worry about how much info to share with investors who are also close with their biggest competitor, and it just simply looks bad.
“It’s very unusual to allow the same parties to invest and get information rights of sworn mortal enemies,” Max Wolff, chief economist at Manhattan Venture Partners, told Reuters in 2016 when some of these investor conflicts began to emerge.
Read ArticleJanuary 3, 2019
Venture Bytes is a monthly insight report highlighting topical ideas, current trends and emerging opportunities in the global technology landscape