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Comment on Conflicted Capital

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Founders need to understand that venture investing is a business where friendship is an input or an outcome, and not the other way around.

Does anybody know how to parse this?

My guess is he means that VCs don't make decisions out of friendship.

That is what I meant. Totally agree it wasn't my best turn of phrase. Worked in my head!

I thought it was pretty clever!

"Your business colleagues are not your friends"

Yup that struck me too as poorly phrased and unclear. Maybe crystal clear to writer, but not to readers...

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