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VCs are generally not risking their own money these days. They raise funds from many other people, and sometimes that includes <gulp> pension funds.
by native_samples 4y ago
VCs are generally not risking their own money these days. They raise funds from many other people, and sometimes that includes <gulp> pension funds.
- astrange 4y agoSpending your own money is called angel investing. VCs spend other people’s money.
- robertlagrant 4y agoSure - I mean it's their own firm's money under management.