3 ms·
VC fund a specific type of profitable business, typically high growth potential, quickly scalable and can be protected with barriers of entry, finally should b
by manquer 6y ago
VC fund a specific type of profitable business, typically high growth potential, quickly scalable and can be protected with barriers of entry, finally should be sellable to someone .
There are plenty of profitable businesses which do not fit this model and government is not equipped to invest in.