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These hand-wavy appeals to rationality and game theory to justify sociopathic foot-gunning by VCs is really getting tiring.

First, it's not a Prisoner's Dilemma if the parties can communicate with each other:

https://en.wikipedia.org/wiki/Prisoner%27s_dilemma

> Two members of a criminal gang, A and B, are arrested and imprisoned. Each prisoner is in solitary confinement with no means of communication with their partner.

Second, the traditional framing of the Prisoner's Dilemma disregards the aftermath, and the lasting reputational and trust consequences of betrayal, which would be substantial for any VC that failed to cooperate, or outright backstabbed the others.



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