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Because the LPs who fund VCs aren't only using wealthy individual's money, people's pensions are in there too.
by KoftaBob 7y ago
Because the LPs who fund VCs aren't only using wealthy individual's money, people's pensions are in there too.
- mbesto 7y agoI generally agree with this, but: 1. Pensions are diversified for exactly this reason and VC isn't usually a large % of the fund. 2. This should be exerted through other pressures at that LP level: political, regulatory, etc...not at the GP level.
- deleted 7y ago[deleted]