Wouldn't you want to pool with companies that AREN'T in the same market area? I would imagine you would want to try and diversify membership so that returns aren't correlated.
Also if people are in the same group are in the same vertical, isn't there a risk of competition?
Yes and no. Some founders want to diversify in other verticals, but a majority of founders we work with prefer their comfort zone, because they can evaluate startups better. Right now, we are not constraining in anyway and it might evolve to support thematic or diverse pools.
Also if people are in the same group are in the same vertical, isn't there a risk of competition?
Still think it's a good idea though.