3 ms·
I think you should spend a bit of time looking into how VCs operate. Their LPs are looking for returns and inject them with more and more cash during ZIRP. A VC
by berkle4455 4y ago
I think you should spend a bit of time looking into how VCs operate. Their LPs are looking for returns and inject them with more and more cash during ZIRP. A VC fund isn’t a bank, they have to invest. So they make progressively poorer and poorer decisions under the constant weight of easy money.
- wpietri 4y agoThat's some impressive condescension from somebody who does not know how VCs work. They are not obligated to take the initial investment, they are not obliged to make a capital call, and they are not obligated to just spend the money they do take. They choose to make poorer and poorer decisions because it's in their short-term financial interest to do so.
- deleted 4y ago[deleted]