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Good morning 👋

Nothing annoys me more than a transactional person.

Unfortunately in venture, you see these people often, and they want to “catch up” and ask for intros any time you have a breakout in your portfolio.

Here’s why that doesn’t work anymore and what you can do to preemptively build up goodwill with other investors you plan to invest with in the future.

Today’s highlights

• You can’t win deals anymore by constantly asking for favors

• “Talent unboxing” and VC hiring

• Escaping competition and trying to outsmart your opponents