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VCs are not investing their own money.
by maxxxxx 8y ago
VCs are not investing their own money.
- jamestimmins 8y agoIndeed, it's more likely that they're investing money from pension plans.
- noobermin 8y agoAlright, but the point is the transfer is to founders for the most part from somewhere.
- maxxxxx 8y agoWe just have to be clear that the "somewhere" is not the VCs. It may be your pension plan or your municipality.