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They're a VC firm, not a hedge fund. VCs don't hold onto stock long term, they exist solely to exit, give a share of returns to LPs and partners, and use the ne
by KoftaBob 6y ago
They're a VC firm, not a hedge fund. VCs don't hold onto stock long term, they exist solely to exit, give a share of returns to LPs and partners, and use the next fund they raise to invest in the next batch of companies.