3 ms·
I understand what the logic is - I'm only suggesting that there is a gross disconnect between the capital available to grow small but profitable businesses and
by erulabs 4y ago
I understand what the logic is - I'm only suggesting that there is a gross disconnect between the capital available to grow small but profitable businesses and the capital available to gamble on a high-risk / high-reward situations where the "reward" is a share of a quasi-monopoly that more or less executed a hostile market takeover. That isn't so much capital allocation as something else entirely.
- delabay 4y agoSounds like your issue is with capitalism and not helium
- dcolkitt 4y agoThere's plenty of capital to grow small but profitable businesses. But it generally comes from in the form of a small business loan from a regional bank. Venture capital is explicitly a model seeking homeruns not singles. Being mad at a16z for not investing in your online t-shirt business makes about as much sense as being mad at Warren Buffet for not investing in complex interest rate derivatives.