4 ms·
lots of VC money does, in fact, come from retirement funds (e.g. Calpers, the CA pension fund) and from university endowments.
by huac 7y ago
lots of VC money does, in fact, come from retirement funds (e.g. Calpers, the CA pension fund) and from university endowments.
- goobynight 7y agoNo way is it the bulk of the funding and I bet VCs do well on the aggregate, which is why they are using their services. These institutions would all abandon ship. Until the CA pension goes bust due to VCs, I'm still OK with what they do.