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Factory CEO just accused his VC board advisor of spying for Cognition
VC Chris Degnan and former board advisor to Factory AI has taken a job as chief revenue officer for Cognition.
Via TechCrunch
·Excerpt
Matan Grinberg, co-founder and CEO of the AI coding startup Factory, said in a post on X on Wednesday that he fired VC Chris Degnan from role as a board advisor. Grinberg alleges that Degnan shared confidential information with Factory’s biggest competitor, Cognition.
Two hours later, Degnan announced on both X and LinkedIn that he has joined Cognition as its chief revenue officer.
Degnan was Snowflake’s first sales hire and later spent 11 years as the data company’s chief revenue…
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