Tech article
Factory CEO just accused his VC board advisor of spying for Cognition
Publisher description: VC Chris Degnan and former board advisor to Factory AI has taken a job as chief revenue officer for Cognition.
TechCrunch | Sep 30, 2026 | Julie Bort
Automated 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.
Selected automatically from source text; not independently written or fact-checked. Read the original for full context.