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This is a good way to describe it. To use concrete examples, while I know there are always internal believers, perhaps decision makers at Visa invested in Stri
by breck 5y ago
This is a good way to describe it.
To use concrete examples, while I know there are always internal believers, perhaps decision makers at Visa invested in Stripe and at USAA invested in Coinbase to hedge downside of disruption, not because they want to encourage those technologies.
- mbesto 5y ago> perhaps decision makers at Visa invested in Stripe and at USAA invested in Coinbase to hedge downside of disruption, PS - Those are examples of CVC. Which IMHO have very different goals than traditional VCs.
- breck 5y agoAh yes, I was agreeing with your points about CVC. I probably should have responded to the parent thread but had to run so clicked submit.