Selling to retail is a long con. Once you manage to get VC money, there are endless way to loot it. The stupider the VC, the easier it is. You can pay yoursel

Selling to retail is a long con. Once you manage to get VC money, there are endless way to loot it. The stupider the VC, the easier it is. You can pay yourself, you can sell stock on the secondary market, you can do non-arm's-length deals, and so on. Adam Neumann became a billionaire without selling to retail investors.