3 ms·
“It is both ironic and disconcerting that legislators can profess commitment to creating jobs — and then discourage the type of long-term investment which has b
by jonmc12 16y ago
“It is both ironic and disconcerting that legislators can profess commitment to creating jobs — and then discourage the type of long-term investment which has been a proven job creator for the last century,”
.. this is only true if you can show that VCs create more jobs than an alternative investment of the same capital. Is there any data on this?
- tptacek 16y agoProbably not, but there's rumblings about the poor relative performance of VC as an asset class in general (ie in returns relative to illiquidity) --- and investment in, say, corporate bonds also funds business expansion.