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Startups & Venture·September 30, 2026·1 min read

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

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The Factory–Cognition dispute over a VC advisor jumping to a CRO role underscores how porous competitive boundaries are in AI-native markets. Founders should assume investor-side advisors may eventually work for rivals and design board materials, data rooms, and GTM plans with that leakage risk priced in.