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I just happen to disagree, and I believe when one says I took VC that means 'I took venture capital', not 'I took venture capitalist money.' There is a wiki ent
by narrowrail 10y ago
I just happen to disagree, and I believe when one says I took VC that means 'I took venture capital', not 'I took venture capitalist money.' There is a wiki entry[0] for VC, and when referring to venture capitalists it is spelled out, not abbreviated VC.
[0]https://en.wikipedia.org/wiki/Venture_capital https://en.wikipedia.org/wiki/Venture_capital
- sirclueless 10y ago"I took VC" probably parses out to "I took venture capital" in this same context, but it's a strange phrase and less common than "I took VC money." I think this is because "VC" is only one type of investment, and for other similar forms of investment the phrase is nonsensical. For example, PE means "Private Equity" but you can't say "I took PE." (Equity means ownership, and taking money from an investor means giving up ownership, not taking it.) "I took VC" is basically abusing the dual meaning of "Capital" as the thing an investor provides in exchange for equity and the thing a business uses to operate.
- narrowrail 10y agoI like your explanation the best and I actually dislike the abundant use of acronyms. It seems use of acronyms on HN is often a kind of signaling rather than a convenience.
- wpietri 10y agoI've been in SF since 2000, and I don't think I've ever heard anyone say, "I took VC", and Google doesn't show much in the way of that. What's your source?