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The Guardian Rags on VC's
In a blistering critique, British newspaper The Guardian slams VC's for leading entrepreneurs on until they are desperate for cash on unfavorable terms, overpromise assistance, addict them to unnecessary expenditures, and force them to swing for the bleachers.
The article mostly attacks British VC's, saying their American counterparts -- perhaps because they have been in business longer -- tend to be less guilty of excessive "short-termism" and "treat businesses better".
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