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Compete or cooperate? Five deep tech investors opt for shared gain over sharp elbows
The collaborative, known as Venx, allows Boston VCs to share offices, pitch meetings, and insights.
The prisoner’s dilemma is a classic thought experiment that explores how people can collaborate for mutual gain — or how one might screw the other over for a lesser reward. Yes, there’s Sand Hill Road in Silicon Valley, but Suh felt that thoroughfare was more like a collection of car dealerships along an “automobile mile” than anything resembling a collaborative group. But unlike syndicates, which at the venture stage tend to be informal and ad hoc, Venx is a more formalized arrangement with the sort of intimacy only shared space can provide.
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