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Linked article needs more empathy. OP thinks they're negotiating a legal deal in good faith. VC is actually bored that afternoon and is literally telemarketin
by VLM 10y ago
Linked article needs more empathy. OP thinks they're negotiating a legal deal in good faith. VC is actually bored that afternoon and is literally telemarketing, or maybe panhandling depending on how you look at it.
Linked article's thought process is exactly whats going thru the mind of an elderly person when a telemarketer preys upon them "Well, he wouldn't say HUD will sue me if I don't pay $500 for him to clean my furnace ducts unless it were true, so I better pay him"
Even if the rate of return is low for the bored VC, at least its not negative and probably not zero.
There is a meta large scale issue WRT the overall market that there is documented proof that at least one VC out there is so bored and sees so few productive opportunities to work on, that their best way to spend an afternoon is panhandling. Now does that prove that there exists one VC thats an isolated idiot which statistically must be true, or is it anecdotal evidence of an overall market slowdown / bubble pop which certainly could be true, or perhaps both?