99% Derisible · 16 October 2026 · Additional Read

Venture’s chivalric myths

Yoni Rechtman, Partner @ Slow

Venture capital's informal "chivalric" norms that govern deal-making are breaking down as markets globalize, rounds financialize, and pro rata rights become legally enforced rather than socially enforced—a clash between Silicon Valley's relationship-based culture and global capitalism's rules-based system.

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Topics: Venture Capital & Startups

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