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Unethical and Poor Character

Fund: Intel Capital

Posted by Anonymous on 2007-06-29

PUBLIC:

Initially I thought it was only our company, but another hardware startup like us experienced the same thing. They ask for your business plan and hear your pitch, and then you find out that they already committed to funding your competitor! Obviously, they were gathering intelligence for their portfolio company. The RIGHT THING would have been to disclose or decline the meeting.

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