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I think this concept was popularized by VCs like SoftBank. It also makes me wonder how much of a tech bubble we are in and what happens when it finally bursts.
by nowherebeen 6y ago
I think this concept was popularized by VCs like SoftBank. It also makes me wonder how much of a tech bubble we are in and what happens when it finally bursts.
- Rastonbury 6y agoThe appearance of being a bubble is inherent in the VC business model.. VCs know full well that 9/10 startups they fund are likely to fail, they make returns out of the 1/10. The median funded startup is a failure. People look at this an think "all this money and all this failure, its going to end badly, these investors are gonna get burnt!" yes some do, but even the most stellar firms have more misses than hits.
- nowherebeen 6y ago> all this money and all this failure, its going to end badly, these investors are gonna get burnt No, I think all these startups employees with families to feed are going to be out of a job. VCs fund startups that shouldn’t have been funded in the first place. They create a market that artificially props up unsustainable businesses. This video is a good explanation of how the VC world actually works. https://m.youtube.com/watch?v=NVVsdlHslfI https://m.youtube.com/watch?v=NVVsdlHslfI