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The VC game these days is no different to flipping houses. They're primarily funding boring, inconsequential and incremental startups which can be acquired in <
by treelovinhippie 5y ago
The VC game these days is no different to flipping houses. They're primarily funding boring, inconsequential and incremental startups which can be acquired in <5 years. Or chasing the <1 year money-on-money return of crypto projects.
It's Peter Thiel's "Great Stagnation" decline accelerated by the capital allocation of short-sighted VCs.