> Screw traditional investors, move to the “cloud”. We should be able to find better access to capital that isn’t looking for 12% returns. Can’t we find investo

> Screw traditional investors, move to the “cloud”. We should be able to find better access to capital that isn’t looking for 12% returns. Can’t we find investors willing to get a 8% stable yield in a $1B+ fund diversified over hundreds of startups? 8% return means returning 2x in 10 years. The author /already told us/ that 85% of venture funds are unable to do even this. How will this "cloud" diversified fund do better than 85% of funds?