The VC model exists largely because these people max out on investing in traditional instruments. Beyond that they have to look at some thing like a VC business

The VC model exists largely because these people max out on investing in traditional instruments. Beyond that they have to look at some thing like a VC business. In his investment class Martin Shkreli talked about this topic in specific. Its just that after a while you realize you can't squeeze much juice out of a fruit anymore, no matter hard you try. At that point, your only options are acquiring good businesses or starting investing into new ones. I think the reason why your $100M project was shut down is may be they realized if they wanted wanted make $100M out of something they might as well buy a bond, it makes no sense to run a people team, pay them and manage them all for their scale of profits. Either way it also looks dripping with hubris if your shutting opportunities that could put $100M on the table with little effort.