4 ms·
> their actions weren't to recapitalize the bank As I understand it, VCs manage pools of money that are structured as limited partnerships. Each pool has an in
by pbourke 4y ago
> their actions weren't to recapitalize the bank
As I understand it, VCs manage pools of money that are structured as limited partnerships. Each pool has an investment objective, and presumably “recapitalize a failing bank” is not one of them. Any VC who did this would probably have been sued by their investors.