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The Eve Andersson piece strikes me as startlingly naive. From her description I find no clear model of what $40 million was supposed to do, and therfore it doesn't surpise me at all that everyone was likely to be very disappointed. Beating on venture capitalists may relieve frustration, but if you take a huge pile of money from someone, you shouldn't be surprised if they have some optinions about how it should be spent. |
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