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By increasing the most substantial cost that startups face, VCs end up owning larger portions of each startup.
by vctheory 10y ago
By increasing the most substantial cost that startups face, VCs end up owning larger portions of each startup.
- jdminhbg 10y agoIs this anything like my plan to invest in McDonalds franchises and then kill off a huge proportion of the world's cattle to "own larger portions" of each?
- vctheory 10y agoNo. I was writing a serious reply, but then I realized that there's no point in explaining the mathematics of a VC portfolio to somebody who was a jerk just because they didn't understand the situation. And congratulations on learning how to be rude enough to be a toxic, while using the type of language that dang, pg, and saltman have all decided is A-OK. You're doing a great job of keeping HN horrible.