3 ms·

Then they could have bought S&P500 first, then buy into Uber now

• tempsy 7y ago
  That’s just called hindsight. If anyone knew at the time of decision what the perfect investment was we’d all be billionaires.
  • alephnan 7y ago
    Right, we don’t. But no one buys the S&P500 because it’s the perfect investment. It’s diversified. Much less risky then buying an individual stock like Uber.
    • tempsy 7y ago
      You're wondering aloud why a VC firm doesn't just buy the S&P. I think you can figure that one out yourself.
      • deleted 7y ago
        [deleted]