3 ms·
This also explains why VCs look to fund billion dollar opportunities even if they look a little risky. VCs are in the game for big exits and that's how the math
by karterk 11y ago
This also explains why VCs look to fund billion dollar opportunities even if they look a little risky. VCs are in the game for big exits and that's how the math works out.
Something to keep in mind when you're planning to raise money.
- 90002 11y agoI think entrepreneurs often forget that VC's are deploying OPM, which puts an enormous amount of pressure on the firm to deliver outsized returns. I've met a few entrepreneurs over the years that fail to understand this fully - sad!
- tedmiston 11y agoOther People's Money Ah. http://www.bmecapital.com/Common_Practices.html http://www.bmecapital.com/Common_Practices.html