Factory CEO just accused his VC board advisor of spying for Cognition

Grinberg argued that startup founders must be able to rely on their board members. “Chris’s conduct is unacceptable to me. Trust in Board Membership is one of the sacred bonds in the Silicon Valley, one that helps the startup ecosystem thrive. With it comes an enormous responsibility. That trust was violated.”

Degnan, Peets, and Factory did not immediately respond to a request for further comment.