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I was reading Urban Company’s DRHP, and it hit me hard when I saw "REDSEER" mentioned in there. I’ve seen REDSEER in the IPO papers of so many recent startups, I did a quick 15min search through all 25 of them from the last 3yrs. And guess, what, 8

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Anonymous

Anonymous 1

Hey I am on Medial • 29d

Spot on. The incentives are totally misaligned. If Redseer’s getting paid by the startup itself, why wouldn’t it present the most flattering version of the story?

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