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> make a ton of money as fast as possible while minimizing risk. I like to think that the right way to do this is by creating lots of lasting value. Many VC wi
by prepend 4y ago
> make a ton of money as fast as possible while minimizing risk.
I like to think that the right way to do this is by creating lots of lasting value. Many VC wins make them money and create value for the company, employees, users, world.
It’s not exclusive that they must create fake bullshit to make money. Funding Apple makes money and results in hardware, software, and innovation. Pumping lottery and Ponzi schemes just exploits value from poor suckers.
- dvt 4y agoI mean plenty of VCs invested in JUUL which literally gives people cancer; that's probably worse than stealing money from people.