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> It's a broken, overly conservative market dominated by huge scale investors that want to invest tens of millions at a time. Imagine if instead of dealing with
by anamax 16y ago
> It's a broken, overly conservative market dominated by huge scale investors that want to invest tens of millions at a time. Imagine if instead of dealing with VCs, you had to go straight to LPs and have them give you money for a project.
Interestingly enough, most "venture funding" is not through VCs - it's direct from "the money".
In any event, banks serve many of the same functions as VCs. Both "borrow" money from one set of people and based on agreed-upon criteria, "lend" it to others.