7 ms·
That's the whole VC industry model, not just YC. And it's a more economically healthy model than half of Wall St.'s money makers. Limited downside, comparativel
by SkyMarshal 8y ago
That's the whole VC industry model, not just YC. And it's a more economically healthy model than half of Wall St.'s money makers. Limited downside, comparatively unlimited upside, relatively low systemic risk (eg no TBTF).