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Exactly. I honestly don't see the problem. Some VC lost a bunch of money? Oh well!
by PopsiclePete 11y ago
Exactly. I honestly don't see the problem. Some VC lost a bunch of money? Oh well!
- danieltillett 11y agoNo the limited partners lost some money. Guess who they happen to be?
- mikeg8 11y agoSo what? As an LP, they made the choice to let someone else actively manage their money. Part of the risk/reward trade-off when using VC as an investment vehicle.
- danieltillett 11y agoI am just pointing out who is losing the money. The fact that a large amount of this money is coming from pension funds trying to hit totally unrealistic returns in a zero interest environment is just an unfortunately coincidence.