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As a VC the tricky aspect here is thinking about exits for these kinds of businesses. Snap have the luxury that they don't need to worry about finding a return
by dotBen 8y ago
As a VC the tricky aspect here is thinking about exits for these kinds of businesses.
Snap have the luxury that they don't need to worry about finding a return for their $150k because presumably the content delivered will create far more value from adverts and engagement. Other investors who don't have a $billion media platform behind them have a different story!