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That's what VCs do every day by picking winners and losers. Companies like Uber would not have made it (and still might not make it) without massive cash inject
by AlexandrB 4y ago
That's what VCs do every day by picking winners and losers. Companies like Uber would not have made it (and still might not make it) without massive cash injections. In practice, how is VCs choosing winners different than the FTC doing so?
- mrkramer 4y agoVCs are private companies which invest and manage private money and they are not regulating anything. FTC is a government entity which is required by law to regulate markets. That is my layman understanding. And there are hundreds of VCs so if one VC does not believe in your mission and vision find another one but there is only one FTC.