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Meh... it would be hard to compare in practice, given how VCs tend to chase trends in general, funding lots and lots of copycats in the hope that they will fund
by lambdasquirrel 11y ago
Meh... it would be hard to compare in practice, given how VCs tend to chase trends in general, funding lots and lots of copycats in the hope that they will fund the last successful player in the field. Or maybe I'm just bitter about the state of fundraising in the valley. ;)
- ucaetano 11y agoVC in emerging markets (I come from one, and work with several) tend to be a bit different than that. cost of capital and uncertainty is much higher, so VC funds have to take a lot less risk, only betting in existing and proven business models. That's why you almost never see a really innovative startup from EMs, risk of an EM + risk of a new business model is just too high for most VCs.