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I think parent comment means the concentration of wealth to certain people within a country relative to others within that same country. That is, already-wealt
by ethanbond 11y ago
I think parent comment means the concentration of wealth to certain people within a country relative to others within that same country.
That is, already-wealthy VCs are still seizing lucrative opportunities on private markets (as pointed out). It's just the public that isn't able to participate because companies aren't going public.
- sharkweek 11y agoNot trying to say VCs are holy, but... they are investing, in large portion, the public's money, just in the private marketplace. Pension funds, insurance, family offices, etc., are all active in venture, and that's all "our money" as well.
- oldmanjay 11y agoThat may well be true but I was charitably assuming the poster was trying to be on-topic.