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My reading is that VC's customers have portfolios that include successful companies. VCs are thus disincentivized from disrupting those companies, even if it ma
by 8note 5y ago
My reading is that VC's customers have portfolios that include successful companies. VCs are thus disincentivized from disrupting those companies, even if it makes a good return for the new company.
- boringg 5y agoI haven't heard of VCs doing that. For that to happen I would imagine that the LPs have a considerable position to flex like that. I would also imagine that we be an edge case far from the rule.
- mbesto 5y agoThis is simply not true. I don't know where you guys are reading this stuff. > VCs are thus disincentivized from disrupting those companies, even if it makes a good return for the new company. How do you think Uber, AirBnb, etc. were all funded?