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Vision Fund is there to throw huge amounts of money at a business in order to ramp it up quickly and capture large, global markets. Think Uber: disrupting the
by jariel 6y ago
Vision Fund is there to throw huge amounts of money at a business in order to ramp it up quickly and capture large, global markets.
Think Uber: disrupting the Taxi business (or just regulations ...). Once something like Uber starts to work, a 'Vision Fund' takes this fledgling thing and backs it with billions to conquer the world.
It's not about moon-shots, it's about market power and speed on a global scale.
Like hyper-supercharged 'Round C or D' - instead of doing an initial public offering for cash, you take on massive cash from Vision.
Wether or not it will work is something else, but there's logic there.
- fastball 6y agoOh yeah, absolutely. I just kinda wish we had that level of private interest/investment with similarly lofty goals. Not just "eat the world".