@GergelyOrosz: Hot damn, this is some massive drama… Factory AI board member Chris Degnan accused for secretly giving out confential b…

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Summary

Factory AI board member Chris Degnan was accused of leaking confidential business details to rival Cognition, terminated from Factory, and announced his move to Cognition as CRO just 50 minutes later.

Hot damn, this is some massive drama… Factory AI board member Chris Degnan accused for secretly giving out confential business details to Cognition; terminated from Factory; 50 minutes later announces joining Cognition as CRO… WTH https://x.com/matansf/status/2105335179502064038?s=46…
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Factory CEO just accused his VC board adviser of spying for Cognition (6 minute read)

TLDR AI

Factory CEO Matan Grinberg accused VC board adviser Chris Degnan of sharing confidential information with competitor Cognition, firing him as an adviser shortly before Degnan announced he was joining Cognition as chief revenue officer. Degnan denies the allegations, claiming he resigned and that no confidential information was shared.