Pivots can land a VC with a conflict of interest, where two non-competitors sudd... | Hacker News

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		lxm on Oct 11, 2013 \| parent \| context \| favorite \| on: Weary of ‘Fruit Fly’ Consumer Startups, Andreessen... Pivots can land a VC with a conflict of interest, where two non-competitors suddenly pivot into each other's space. The classic example was PicPlz and Burbn (renamed Instagram after the pivot), the VC in question was a16z http://thenextweb.com/insider/2012/04/23/ben-horowitz-on-why...

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