3 ms·

It's a bit different when someone is repeatedly bailed out by a richer parent.

• ethbro 7y ago
  How's that different than being repeatedly bailed out with VC money?
  • yourbandsucks 7y ago
    I don't think anyone's claiming that's something to aspire to either.
  • bduerst 7y ago
    Nepotism vs. Meritocracy (or at least a rationalized investment)
    • ethbro 7y ago
      The VC game seems a bit more... suspect than to clearly label it as a meritocracy. Particularly for serially bankrupt founders.
      • bduerst 7y ago
        VC firms still rationalize it though. Also, how many serial bankrupt founders keep getting investments from the same VC?