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Yep this is how the VC Ponzi scheme works. Take a business that can absorb enormous amounts of capital by selling a dollar for 75c, bloat it to the moon, then o
by danieltillett 7y ago
Yep this is how the VC Ponzi scheme works. Take a business that can absorb enormous amounts of capital by selling a dollar for 75c, bloat it to the moon, then offload onto the index funds. Repeat.
- walshemj 7y agoOr load it up with debt and run away before the wheels fall off.