4 ms·
Yea, I mean I get why a lot of people would be angry that their very real, but not VC fundable, business is hard to finance. There's a lot of things that should
by nickpinkston 7y ago
Yea, I mean I get why a lot of people would be angry that their very real, but not VC fundable, business is hard to finance. There's a lot of things that should exist that have small markets, long time horizons, lots of upfront risk, are in markets that VC's don't understand, etc.
The shame is that for many of these there are likely possible funding sources that could exist, but new asset classes are hard to get started, especially when LPs are pretty risk averse and experience strong herd mentality effects.