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A comment on Open Corp Dev: An Idea Too Bold For Facebook Or Dropbox. Parent comment

Re:Open Corp Dev: An Idea Too Bold For Facebook Or Dropbox by rhizome on Tuesday October 15, 2013 @02:55PM (#6555499)
They are so well connected

That VCs are thought of as a group of people who are well-connected, presumably to other well-connected people, does it make logical sense to think of them as a cartel?

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Re:Open Corp Dev: An Idea Too Bold For Facebook Or Dropbox by qq66 on Tuesday October 15, 2013 @10:36PM (#6557703)
No, because VCs don't team up with each other to try to restrict competition. That's the definition of a cartel. In fact, they regularly compete with each other by offering better deal terms (valuation, liquidation preference), or by bringing more to the table (counsel, networks, services).
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Re:Open Corp Dev: An Idea Too Bold For Facebook Or Dropbox by ivankirigin on Tuesday October 15, 2013 @03:00PM (#6555554)
no
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