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> Capital -- especially long-term capital willing to invest outside of the current trends -- is an important ingredient in that mission. Does anyone else read
by calgaryeng 11y ago
> Capital -- especially long-term capital willing to invest outside of the current trends -- is an important ingredient in that mission.
Does anyone else read this and take away "[investors/VCs/other equity funds who don't group-think and blindly follow each other based on FOMO] are an important ingredient in that mission."
- cheepin 11y agoI just read it as "Accepting higher variance investments". Start-ups are already high variance, but going outside of existing trends pushes it even higher.