3 ms·
There are some pension funds which have VC exposure though. This is the one that really steams me, because when pension funds go bust the taxpayer is legally re
by Analemma_ 7y ago
There are some pension funds which have VC exposure though. This is the one that really steams me, because when pension funds go bust the taxpayer is legally required to pick up the tab. We're literally paying for VCs' lies.
- prostoalex 7y agoBut those pension would've been exposed at previous rounds' price, not the IPO price. An aggressively priced IPO gone bad will likely still net them a positive ROI.