MJ DeMarco
I followed the science; all I found was money.
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When Amazon comes knocking at your door wanting to invest in your company it's time to celebrate right?
One would think...
However here is what one author says is the Amazon way of business, conducted via their Alexa Fund...
1) Claim an investment interest in a new innovative tech company...
2) Get access to proprietary information, sales figures, customer data via the due diligence process...
3) Invest a nominal amount in the company to continue access, get members on boards
4) Use that continued drip of proprietary info to create your own product and upstart
5) Ghost the company you just ripped-off, and then pay-em off when threatened with a lawsuit.
Amazon is not your friend and it never was.
Wolf in sheep's clothing?
No, a wolf dressed as a wolf.
fortune.com
One would think...
However here is what one author says is the Amazon way of business, conducted via their Alexa Fund...
1) Claim an investment interest in a new innovative tech company...
2) Get access to proprietary information, sales figures, customer data via the due diligence process...
3) Invest a nominal amount in the company to continue access, get members on boards
4) Use that continued drip of proprietary info to create your own product and upstart
5) Ghost the company you just ripped-off, and then pay-em off when threatened with a lawsuit.
Amazon is not your friend and it never was.
Wolf in sheep's clothing?
No, a wolf dressed as a wolf.
Entrepreneurs seeking millions from Amazon’s Alexa Fund face a stark reality
“Amazon can destroy your business overnight if they want to do,” a VC warns of startups sharing secrets with the tech giant.
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