With all these ruthless profit-maximizing firms on Wall Street, it's nice that Silicon Valley VCs have given up on maximizing profits since the early 2000s [0].

With all these ruthless profit-maximizing firms on Wall Street, it's nice that Silicon Valley VCs have given up on maximizing profits since the early 2000s [0]. Gives them more opportunities to focus on making the world a better place. [0] https://blogs.cfainstitute.org/investor/2020/02/17/venture-capital-worth-venturing-into/ https://blogs.cfainstitute.org/investor/2020/02/17/venture-c...