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My main takeaway is that there seems to be little incentive to invest in new companies, just invest FB, Google, Lyft, Spotify, etc. That can't be good long ter
by danielblazevski 9y ago
My main takeaway is that there seems to be little incentive to invest in new companies, just invest FB, Google, Lyft, Spotify, etc.
That can't be good long term for the tech sector.
- yellowbrick 9y agoI mean, was giving $5 million to every startup that had “blockchain” in the pitch going to help much anyway? Look at San Francisco and tell me with a straight face that things weren’t already incredibly bad.
- deleted 9y ago[deleted]
- matte_black 9y agoIf you are looking for a steady ROI this has always been true. You don’t invest in startups unless you’re hoping to make huge returns. Investing in FB or Google at this point will never get you 100x returns.
- danielblazevski 9y agoI see it as a difference in investing $100K in 50 startups and one gives 100X increase vs $1million in 5 companies all giving like 50% increase. The risk/reward for more medium-large companies is far too appealing these days to avoid
- pascalxus 9y agoPerhaps so, but it's a reflection of the opportunities, or rather lack thereof.