4 ms·
> Such a catastrophic event isn't out of the question for VC either. It is out of the question with the current legal system. Because of limited liability for
by jdsully 4y ago
> Such a catastrophic event isn't out of the question for VC either.
It is out of the question with the current legal system. Because of limited liability for this to be true they would have to have invested more than the total profits. The individual investments could lose a lot of money but the VC loss is capped at their original investment.