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That judgement looks like it's based on a very brief conversation with one of the founders. Carr seems to dislike his attitude more than anything.

Hardly a convincing condemnation of what Likealittle are doing.

It's a high risk bet, very little chance of seeing any return from that investment but if you have the funds no reason not to mix in a few high risk bets you feel are capable of paying off.

Or maybe it's a friend or family member?

See footnote ;-)

If there aren't enough startups solving problems, there's room in the portfolio for a few "$BCs".