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It’s a little late to be talking about red flags in venture investing?

Earlier today, renowned VC Bill Gurley put together a list of the many “red flags” that VCs should have paid closer attention to when funding FTX, suggesting in a tweet that this summary of warning signs might help keep VCs “out of the investor hurt locker” going forward. Gurley includes such no-nos as “unique financial data presentations,” “aversion to audits,” “large secondary transactions,” and “lack of a legitimate board.”
Yet publishing them now is a little like shouting “fire!” after everyone is already o

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