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Avi Patel@avipat_ · May 15, 2026, 8:25 PM
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General Catalyst just co-led a $31.5 million seed round into a blatant rip-off of my company, Kled. (skip to 40 seconds if you want to skip context) I would typically not speak on things like this, but this level of blatant copycatting is egregious and completely unacceptable, and needs to be made an example of. This is one of hundreds of YC startups who have conducted this disgusting behavior. Unimaginative slop that continues to get rewarded due to nepotism.

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Alan Powers@sugarbowlstocks · 997 followers
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First of all — it’s an open marketplace. May the best (and most likable) team win. But before you call out anyone else’s “egregious” behavior, maybe address your own: $800K worth of $KLED/SOL was sold off and scattered across 99 wallets between May 31 and June 7, 2025, just days after you publicly announced a $500K token buyback. Whatever the explanation, it looks sketchy. And people probably don’t want to be associated with that kind of attention. Just maybe?

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