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Those startups are going to give the VCs back something. They will make profit. But this is something which will not be making profit. Its a non profit thing an
by rick_2047 16y ago
Those startups are going to give the VCs back something. They will make profit. But this is something which will not be making profit. Its a non profit thing and the people pledging money will not get a penny out of it (may be some rewards but that's for major investors.
I admit the over exaggeration on the "living like a king" part but I fail to see any analogy with VC funded social startups and this