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These are literally drops in the ocean for banks and VC in general. Banks invest in VC the same way that auto manufacturers do: to suss out potential innovatio
by morgante 10y ago
These are literally drops in the ocean for banks and VC in general.
Banks invest in VC the same way that auto manufacturers do: to suss out potential innovations and/or to have inside access to future disrupters. They don't do it for the returns.