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This seems like the correct answer, otoh VC money is still not MY money.
by hyperbovine 9y ago
This seems like the correct answer, otoh VC money is still not MY money.
- _pmf_ 9y ago> This seems like the correct answer, otoh VC money is still not MY money This depends on where the 700 billion dollar from the Emergency Economic Stabilization Act of 2008 ended up.
- shakestheclown 9y agoThey can't burn money forever, and while I can't blame anyone for going the cheaper option for now they won't subsidize forever.
- sharkweek 9y agoNot that VC mandates are normally more than a few %s of most LP's allocations, it's still someones money; pensions, insurance, etc. all take a hit if VC funds fail.