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I'm sure you've seen this, too. There's probably multiple, multiple companies with, like, over $50M of cash with no product-market fit. This is
wild.
Semil Shah
VC Sins: Cash Is Stranded in Companies Without Product-Market Fit
20VC: Semil Shah on The Biggest Mistakes VCs and LPs Made Over the Last 24 Months, Why LP Churn is Coming, Core Lessons on Scaling from $1M Haystack Fund I to Today and How To Find, Win and Manage LPs as an Emerging Manager
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