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This is a good point, but I wonder if the parent wasn't talking specifically of making $100 million available to one startup, but $1 million per startup. One co
by pm90 9y ago
This is a good point, but I wonder if the parent wasn't talking specifically of making $100 million available to one startup, but $1 million per startup. One could fund a lot more ideas that way, and odds are that one of them would be a unicorn.
The only reason why that's not really happening seems to me that we either don't have that many ideas or that much people willing to work on those ideas.
- whatok 9y agoI think a bigger reason is that the administrative burden of dealing with 100 startups is incredibly difficult and also would likely eat into returns.