4 ms·
vc's job: find and invest in companies that will make large amounts of money. if they are good at their jobs, these companies will make them large amounts of mo
by rmac 5y ago
vc's job: find and invest in companies that will make large amounts of money. if they are good at their jobs, these companies will make them large amounts of money and in so doing employ a large pool of workers.
if what I just wrote is true, then I can see how others might use vc-backed companies as a proxy for broad economic gains
- cratermoon 5y ago> and in so doing employ a large pool of workers. Uber and DoorDash have entered the chat...
- hogFeast 5y agoSome people view any trade where the other side wins to any degree as exploitative. Regardless of whether they gain themselves. It is an interesting thought pattern.